Not much interest in this stock at the moment but IMHO good buying at these prices leading up to June.Linwar Securities says management has a bullish forecast on MIS sales for this year well in excess of the $78m.forecast by Linwar. Last year i think it was $also talks about first year 60m
In the latest issue of Canopy [not yet on the company web site]it talks about Linwar projected returns from the first project of 7.5% after tax with a dollar return 50% ahead of prospectus forecasts. This is going to make this years sales all the easier as surely FEA will grab market share from others with leess attractive returns.
Linwar seems to think that 2009 will see a big jump in EPS of 45% when the sawmill has a full year of production
Linwar has an outperform recommendation with a $1.00 price target.
IMHO this stock is the best in its sector
Not much interest in this stock at the moment but IMHO good...
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