Feltex (FTX) - All over for shareholders

[Cooper]

It seems that FTX are due for further cost increase in the near term, and I personally can't see sales increasing dramatically for them (based solely on my own estimates of cyclical factors) in the same time period. Therefore I would assume that these cost increases will not be passed on and margins will suffer.

However... I think 90 cents might be a bit cheap. Even though they are ex-div today as mentioned.

[kura]

Anyone know the financial ratios to be maintained for bankers ?

[port hills]

FTX sure gained some momentum in the last half hour, at some price or other it must be cheap, I wonder if we are there yet. [?]

[limegreen]

Catching the falling knife and all. I'm not really even looking at this stage, but I think I'd rather miss the bottom by a good margin than find out that it wasn't the bottom.

[Snow Leopard]

quote:Originally posted by Paper Tiger

Would you be surprised if it gets dumped on opening, recovers slightly and then wanders down today, monday and maybe tuesday.

Surprised at the late dump today.
However it is very hard to put a value on this at the moment.
The NTA is about $0.43 I think.

[duncan macgregor]

The sp will drop to low for what it is so buy when it finally bottoms, and get the dead cat bounce if nothing else. macdunk

[Sharebroker]

One broker forecasting $8m next year so stock now trading on PER of 19.4 times!

Long long long way to go .....[xx(]

[PGL]

quote:Originally posted by Sharebroker


One broker forecasting $8m next year so stock now trading on PER of 19.4 times!
Long long long way to go .....[xx(]

How do you figure that Market cap is $128 million? Gives PER of 16 or am I overlooking something?

[Snow Leopard]

quote:Originally posted by PGL

quote:Originally posted by Sharebroker


One broker forecasting $8m next year so stock now trading on PER of 19.4 times!
Long long long way to go .....[xx(]

How do you figure that Market cap is $128 million? Gives PER of 16 or am I overlooking something?

Sharebroker is absolutely pathetic at doing basic sums!

[Sharebroker]

quote:Originally posted by PGL

quote:Originally posted by Sharebroker


One broker forecasting $8m next year so stock now trading on PER of 19.4 times!
Long long long way to go .....[xx(]

How do you figure that Market cap is $128 million? Gives PER of 16 or am I overlooking something?

[:I][:I]You are right.[:I][:I]

Still a long way to go though. [xx(]