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2,331 Posts.
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16/07/18
07:59
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Thanks for sharing that.
I was wondering about the 18c as well and agree it sounded cheap. Its pretty tightly held.
A good report and helps investors understand what FEI is and where it is headed.
Wealthy Asian "depositors" seem to be a focus as well. Who they describe as "loyal"
Anyway it is great to get some information and hopefully they put out quarterlies that keep the market updated now things seem to be back on track.
Once they reduce their property exposure they can have their credit rating re assessed in 2019.
We might see dividends in 2020/21 if things go well with the Australian expansion.
Good luck.
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