Australian (ASX) Stock Market Forum

Just Remember At the End of the Day we all Go Penniless & hoarding our wealth does nothing or Contribute to the World, it only contributes to our own ego;)
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It always Baffles me when the world of those who believe they have the answer to all the worlds issues come Down on one of The Best Run companies on the ASX.....Is that the Company? or do the have an Issue with Twiggy?

Let's Take a look at Some metrics 9-10 Years Growth/ROE/DEBT

ROE 17% ave
EPS 16% ave
CFG 10%
CG 13%
RG 11%
DG 25%

Debt to Equity 27%
Debt to Mkt Cap 14%

Short Term Debt not so great growing at around 12% Long Term
Long Term Debt has Reduced 1% Long Term

Please Don't quote me,"those who like to Correct all" as these are rough figures, but to me They show a company that is very well managed!
well run , yes i agree , BUT he is heading into dangerous ideological-ridden territory

i have mixed with these Greens/extreme Lefties , concede a millimeter and they take a kilometer , give them a second and they take a light year AND THEN WANT MORE , appeasing these people is a perfect way to get sucked dry

can Twiggy/FMG resist them when their ideas get crazier and crazier

all you have to do is watch the EU , vampires are trivial compared to these people

and since Twiggy is trying to coexist with these people i intend to keep my cash exposure low in FMG ( i will probably trade my way to a 'free-carry position ' it is certainly volatile enough to do so )
 
knocking or trying to warn of the train-wreck coming
we are blindly following a series of train-wreck economies over the cliff

Australia's biggest asset WAS the native ability to innovate and create things to solve OUR problems

these days having an original idea is a big problem ( to government and management )
 
you are going to be full and bloated before i even start considering my next target price

however if you must throw money at an iron play look at FEX ( i hold ) it looks like it is going to scale up ( for FEX my average buying price is 25 cents )
No Intention of buying more FMG Now!

Funny you should Mention FEX Divs, i was Researching the Stock Today & noticed John Welborn just Purchased a Parcel of shares Today....Still Looking, but he seems to have a hand in Many Pies & that tells me that he may be a Person who only commits until something else comes along, but i will do more reasearch.
 
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