GTP 0.00% 12.0¢ great southern limited

re: Timber stocks and the big dry

  1. zwu
    2,417 Posts.
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    (Continued)

    Finally, he gave me two videotapes, (1) a Channel 9 program titled “Olive Industry in Victoria”, (2) The ABC Landline episode “Olive Oil Industry” (“A Good Oil”). I have just watched these them. They both sound good. The second one “A Good Oil” sounds quite positive (not as negative as the script I read before).

    I also talked to a BoM guy today about the drought and he looking at the BoM figures I showed him said that the present El Nino event might not as serious as reported in the media.

    Alpha, I also bought some more TIM shares after its recent annual report at $0.54 and sold them at recent high (to lower down a bit of weight). TIM at present is well supported at the $0.54-$0.55 level (a triple bottom), but if it slips to $0.51 as you suggested then it will be another good chance to buy. I still believe that the fundamentals of TIM are much stronger than GTP as I told you.


    (To be continued again)
 
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