Either way these tree farming co.s are a different beast to what they were a year or 2 back . One only has to check the fundamentals on gtp [last report ] to see what the future may hold . Gns looks like fair value presently on pe and yield and gtp about half what it should be . Whats real interesting is maybe a great surprise to the upside earnings for next year on gtp . Which obviously would under value it by ? at present price . We really gotta get ALPHA to help us with some financials , no one understands these gems as well as him . As far as diversification Kiwi like gns and tim well lets see who wins in the longterm . cheers ge ps; the droughts broken and Vic farmers [especially Bendigo region] are looking at a boom wheat crop . yipeeeeee cheers ge
GTP Price at posting:
0.0¢ Sentiment: None Disclosure: Held