FGE forge group limited

our mate roger, page-6

  1. 899 Posts.
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    fge is a quality little stock. great balance sheet also. But all mining services companies face large challengers moving forward. China's inventory stock piles are rising and as demand diminishes, price of commodities will fall. Why do you think the big banks are constantly lower fixed rate mortgages.

    I wil re-enter FGE when US announce stimulus and that will probably be 3-6 months away. Until then I will stick to price makers not price takers. But if you want a fantastic company that is doubling earnings and not related to mining boom, see VOC or BGL
 
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