ready to run

In the past week, we have seen the plantation stocks having a great run anticipating labor government global warming initiative, CO2 credit prospective, and favorable policy changes.

But FEA is lagging behind. COZ, WFL, TIM, GTP, WBA.

FEA is trading at Price/book value of 0.71. The last plantation stocks traded at this level is ANE at $3.4sh.

You know what happened, a takeover offer! Now ANE's share price has more than doubled.

As far as I know, FEA's MIS has only forest products, which the change of last government policy has no negative impact.

With single digit PE, and Perpetual Trustees Australia Limited is increasing shareholding, FEA might be a great bet under Labor Government!

It is very hard to time the entry, but you just never know when it is going to take off.