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Gold/Mining/Energy : Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!!

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To: mick who wrote (141)2/23/1999 7:52:00 PM
From: worldtraveller  Read Replies (2) of 265
 
Why would you want a growth stock that has recently gone to the market for financing to bleed equity out in form of dividends? I would much rather prefer to keep the shareholder's equity growing and minimize the accumulation of debt and share issues. The stock price has been suffering from the general belief of the Asian crisis and the more recent concern of economic problems in China. Until the market realizes that Sino-Forest is surviving and growing under these current conditions, the stock price will continue to suffer. Sino-Forest has minimized potential loss from any possible Chinese currency devaluation by having their dealings in US Funds. If Sino-Forest is profitable and growing in it's current climate, IMAGINE WHAT WILL HAPPEN WHEN WE RETURN TO A GROWING AND SUCCESSFUL ASIAN ECONOMY!!

If you are wanting to make a quick buck on this stock, you will only achieve that by capitalizing on buying and selling on minor price swings. If you are looking for long term capital appreciation, this stock offers that to the ones who are patient.
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