With all the media attention focused clearly on the drought, it's affect on australia,australian towns and our
country folk plus solutions to get us through this difficult period it's worth having a look at some stocks that might better weather the storm than others
One that comes to mind as a stand out is Timbercorp
(TIM) that has a market cap over $100m and might attract attention of analysts as a growth and income story for long term investors
Listed back in 1992 it's tree plantations are now ready for harvesting and combined with the future olive and almond projects already at a significant stage, will all help ensure the sales momentum continues via prospectus releases and per centage income from product/commodity grown sales
It's worth noting that this stock has been a bridesmaid
to other agribusiness listed ompanies like gtp and gns
but now the market i think is starting to appreciate the future income streams that will start to flow once TIM gets into full harvest production from trees,olives,
almonds,and associated security income
The recent share price history means it's only a matter of time in the long term that TIM breaks 60 cents
It's already been trading above gtp now and this pattern might be an indiaction of things to come in the future
happy punting!
Add to My Watchlist
What is My Watchlist?