Freightways - FRE

[whirly]

I sold out of these. Could be affected by low volumes on Trade Me is a wild guess. Not to mention hitting highs and now negative market sentiment.

[h2so4]

TOL ASX got smashed after releasing an update. Currently down 22% over 2 days. Could be a flow on effect.

[Lizard]

Cracker start to reporting season ...

At $3.90, it isn't cheap though. And has enough debt that they wouldn't want to see any glitches (though should be manageable).

Trend probably continue in the right direction, but only worth buying dips and selling peaks, as baseline sp growth maybe only 10%?

[Snow Leopard]

At $3.90, it isn't cheap though. And has enough debt that they wouldn't want to see any glitches (though should be manageable).

Trend probably continue in the right direction, but only worth buying dips and selling peaks, as baseline sp growth maybe only 10%?

I absolutely agree.
having bunged the results in the calculating engine the best current value I have is $3.51.

best wishes
Paper Tiger

[pierre]

Pretty nice news from FRE this morning - NPAT for the September quarter up 14% in "a low growth environment".

SP up to 447 today.

Have held - and topped up - since the IPO in 2005 - a very happy longterm holder here.

[percy]

Pretty nice news from FRE this morning - NPAT for the September quarter up 14% in "a low growth environment".

SP up to 447 today.

Have held - and topped up - since the IPO in 2005 - a very happy longterm holder here.

Well done.Great company.Great management.
Alan Gibbs in his book Serious Fun said how surprised he was that management continued the best practises Trevor Farmer taught them.

[winner69]

Another solid year for freightways

Good for the economy when freight keeps getting moved around in ever increasing quantities

Latest result will keep shareholders happy

[percy]

Another solid year for freightways

Good for the economy when freight keeps getting moved around in ever increasing quantities

Latest result will keep shareholders happy

With so many people buying on line,FRE will have even more orders to deliver.

[Jay]

With so many people buying on line,FRE will have even more orders to deliver.

One of the main reasons I bought some recently, and it had dipped from its highs, well has dipped a bit since buying as well but it is the long term portfolio

[percy]

One of the main reasons I bought some recently, and it had dipped from its highs, well has dipped a bit since buying as well but it is the long term portfolio

FRE has been and is still a very well run business.Often it is hard to buy in,as it always appears to be to expensive.So,as you hold,and it is in your long term portfolio,just sit back and enjoy the ride.