FMG 2.02% $25.70 fortescue ltd

without being personal cause it will get moderated some people...

  1. 2,425 Posts.
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    without being personal cause it will get moderated

    some people who are wrong or insecure in their views will always try and attack someone personally

    facts
    fmg is making a sheet load of cash-flow here and now
    at a fe price $10/20 lower they still make a sheet load
    once debt is paid off yield and buy backs and other shareholder wealth enhancing action items will be on the agenda

    none of that matters if i, or anyone else had been to a mine site. the story is a financial one with a few known variable. fullstop no more to add

    the oversupply issue has been done to death, the commodity cycle is now in the infancy of an up move. this is why i am long and in addition to the cashflow i mentioned above.

    since you and your cronies came her talking about shorting, we had a wash out to do with interest rates and 10% move down in fe yet with div fmg still at almost rolling year highs.

    how do you like them apples?
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