Fantastic Holdings is an inporter/manufacturer of low cost furniture and like JB HiFi and Harvey Norman will benefit significantly from the stronger Australian dollar. The share price of FAN has been languishing around the %2 mark for some time and I note IOOF pocked up a 5% holding at an avaerage buy price of $2.21. Recent company reports indicate they have optimism for a stronger result in the year ahead. This all makes a lot of sense to me, particularly as they are operating in the value end of the market. I have started acquiring, is anyone else a "FAN"
FAN Price at posting:
$2.17 Sentiment: Buy Disclosure: Held
