gunns, page-9

up the wrong tree (osake)
Forum: ASX - By Stock (Back)
Code: GNS - GUNNS LIMITED ( 91.5c | Price Chart | Announcements | Google GNS)
Post: 4771254 (Start of thread) Views: 135
Posted: 24/11/09 13:54 Stock Price (at time of posting): 98c Sentiment: Sell Disclosure: No Stock Held From: 121.222.xxx.xxx

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Gunns have missed the boat on the pulp deal .While they have been stuffing around in Oz in South America there have been 4 huge pulp mills established and one in China with another one being built.It will not be able to compete with 7 yr plantation rotations and cheaper energy,labour,operating costs in SA.It will only subsidize the Chinese and Japanese who will sell the added value back to Oz. For less than a billion bucks a rational company would have built a BCTMP mill requiring only 2000 000 m3 of plantation timber and no pollution drama with 2 large paper machines. Oz imports over $ 1 000 000 000 of printing and writing paper per year. Gunns cant see the forest for the trees .The Board should be sacked .They are a joke in the global forest industry.