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[sharechat] FFS and FBL

From:	"anitakentan" <anitakentan@actrix.co.nz>
Date:	Mon, 29 Jan 2001 04:31:21 +1300

Hi everyone.

I have been looking at Fletcher stocks for few months. FBL and FFS are under current market value at the moment due to various factors. It is no doubt that slowing economy has great impact in forestry and construction business, and furthermore our market is almost in recession stage now. But, the highlight for Fletcher stocks in the coming month will be the restruction of the company. I have uneasy feeling about the whole process as could it be more beneficial to improve its status. Could anyone tell me what is the prospect for Flectcher in the next 6 months ? Is it a good stock to buy now ? What will be the entry point for FBL and FFS respectively [ $1.80 and $0.30 respectively] ? Thank you

Cheer

Ken

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