cheap as chips, page-7

Hi barrowboy,

You are totally right this is a medium to long term investment which will give us far above average returns imho.

I had expected TMR would have been able to take IBR in one go and a shareprice that would have started to run straight after the announcement.
Now withouth this happening as you say some people are confused about the fundamentals of TMR.

Well TMR is a better company now, then it was before it had 86% of IBR.
At this point we have some holders who are blindly selling out, but we have some big takers for those shares.

It will not take long before Hugh Callghan is doing his magic and once the market sees this the shareprice will be up and running.

As AEGIS is saying this company is worth 40cts a share and will have a EPS of 4 cts in FY2008.

And the above is a very conservative figure imho.

I can see a four bagger emerging but first we have to get those shares from the weak hands to the strong hands.

Time will tell but my money is on Hugh Callaghan and his team who will turn both companies around in the next 12 months.

good luck to all holders

And put those shares in the bottom draw.

jojo