I do agree with your sentiments however - TFC is a brilliant company and massively undervalued!
I am surprised the market didn't react positively to the last announcement of their planting figures as this was just brilliant. I understand that it was not a case that they couldn't sell more than 675h to MIS - it was purely that they only have the capability to plant around 1,000h pa and since they had already sold 350h to Carbon Trust they couldn't sell any more!!
I also read a brochure on the Carbon Trust and it is specifically targeting ethical investment funds like you mentioned. Interesting their name as well "Carbon Trust" - looking at carbon credits as well?
I can't wait until the analysts start factoring in increasing sales volumes and oil sales etc!!
TFC Price at posting:
$1.19 Sentiment: Buy Disclosure: Held