TIM timbercorp limited
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sales figures not bad and timpb better buy

  1. watford
    2,123 Posts.
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    02/07/08
    08:57
    Post #: 3936356
    I guess what latest sales figures suggest that TIM will trade profitably and will hence survive to at least Sep09. TIMPB will at that time be worth $2 in terms of redemption value. Based on this, TIMPB shows an equivalent rate of return of 63% per annum (TIMPB=$1.30) with the bulk of this return as capital gain. TIMPB ranks ahead of TIM. This all suggests to me TIMPB is a much better deal than TIM.
    TIM Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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