No problems really but FFI is intrinsic to FMG.We seem to be posting more on FFI stuff here now because there is not much news about the boring iron ore company. I thought it may be an idea if we separate the 2 so I will start an FFI thread for all this new stuff. Use it or not as you see fit.
I hope that is OK @Joe Blow seeing it is not listed
It is my belief that if people just kept to the topic there would be plenty of interesting conversation about FMG and its subsidiary FFI.Maybe we should have kept the FMG and FFI threads together because FFI is just part of FMG, But split of another thread to talk about FMG Tech Analysis.
I highly doubt they will split, FFI will be like BHP's oil and gas eg just another part of the business that brings diversification of revenue.BUT are they likely to split ( list separately ) in the future
given FFI is heavily into research and investing in new infrastructure , i think a split is a logical option ( so cash can be raised from the public ) , but only time will tell
now if it was a divestment/IPO Twiggy could keep a controlling interest and have some flexible funding options
I would be happy to keep this thread as a commentary and discussion about the entire business from a fundamental perspective which obviously would include FFI, and split off the TA stuff (or keep the TA stuff here too, I don't care)It is my belief that if people just kept to the topic there would be plenty of interesting conversation about FMG and its subsidiary FFI.
There is a disturbing trend from some recent posters on this and other stock threads to discuss.
Nobody cares. OK.
- Other stocks they have bought completely unrelated to FMG or Iron stocks.
- Their investing/profit prowess which is boring me to ****.
- The size of their jock straps and/or their bras.
- Other stuff that nobody who knows them would listen to and they can inflict on ASF.
Just discuss FMG + or - FFI.
Technical AND Fundamental Analysis imo is one of the attractions of ASF. To divide the two would not be helpful imo.
Peace be with you all.
gg
But it does seem to me that the TA stuff can date and become irrelevant fairly quickly, where as some of the discussions on fundamentals are relevant for quite a long time, but will be lost into the never never if multiple daily TA updates (that are meaningless in 2 weeks) fill up the thread.
I suggest that is the salient point. As I see it people who see themselves as share traders are focused on graphs that they believe will indicate an immediate selling or buying opportunity to turn a buck Longer term investors however are trying to assess the strength of the company and it's prospects of delivering longer term value to shareholders. In that context discussions on development projects, capacity to perform and the expected value of these projects are the important points.
I have no problem with people make a buck on trading shares. But I agree with VC that diverting discussion from the fundamentals of the business is counter productive to the intention of a thread about the company.
May I say in a friendly way that I think there are equal amounts of wisdom and hogwash in both your posts.I would be happy to keep this thread as a commentary and discussion about the entire business from a fundamental perspective which obviously would include FFI, and split off the TA stuff (or keep the TA stuff here too, I don't care)
But it does seem weird for FFI to have its own thread, I don't see how it makes sense at all, I mean this isn't an IRON Ore thread, its an FMG thread.
But it does seem to me that the TA stuff can date and become irrelevant fairly quickly, where as some of the discussions on fundamentals are relevant for quite a long time, but will be lost into the never never if multiple daily TA updates (that are meaningless in 2 weeks) fill up the thread.
So I am happy for the TA stuff to stay if people think its good, but as I said I think it could be more valuable to split the two, but keep FFI here.
Just my opinion though.
Same here but not at the $20 mark, I was skeptical it'd crack the psychological barrier so flogged at just under.Out today @ over $20.
Really never thought it'd get there.
Be in again at next Dip.
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