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Gold/Mining/Energy : Sino-Forest (TSE: TRE.A) A STOCK FOR THE FUTURE!! -- Ignore unavailable to you. Want to Upgrade?

To: worldtraveller who wrote (159)	4/23/1999 3:38:00 PM
From: RBMac	Read Replies (1) \| Respond to of 265

Yeah, I think it is still the negativity surrounding Asia and the Forestry sector. However, both sectors have been doing well lately but maybe not enough to push our company forward. Also the small cap indexes are starting to improve. So who knows. Maybe it will take off soon, if all three sectors continue to improve.

To: worldtraveller who wrote (159)	4/30/1999 7:54:00 PM
From: mick	Respond to of 265

Fantastic Earnings ??? I just don't know if I can agree with this. From the forecast below, the earnings were supposed to come in at $ 0.45 Can, not $ 0.39. That's almost 20 % below forecast! Sure, one can argue that they have grown there earnings every quarter for the last number of years in a pulp makret that is quite bearish; but they still missed the forecast. Can we really believe they will hit $0.70 next year? I might suggest that they will only hit $ 0.56 based on these results. Ok, enough poking fun. I picked up some shares today again. It almost appeared that it was going to make a run, but no one likes to buy companies on fundamentals anymore right now. They are currently selling at 4x earnings. If they hit next years forecast, they should be at $ 2.8 /share. Article I am referring to below.Post says Wood Gundy has $4.50 target price Sino-Forest Corp TRE.A Shares issued 37,100,000 1998-08-17 close $1.4 Tuesday Aug 18 1998 The Financial Post reports in a Hot Stock corporate profile in its Tuesday edition that Sino-Forest is harvesting record earnings amid the growing economic turmoil in Southeast Asia. Reporter Michael Lewis notes that Sino's business includes timber harvesting, plantation maintenance and the processing of wood chips used to make pulp, the key ingredient in paper. CIBC Wood Gundy Securities has a "solid buy" rating on the stock and maintains its 1998 earnings per share estimate of 30 U.S. cents. Wood Gundy has a 12-month target price of $4.50 on the stock, well above the consensus target of $4.09. The shares rose five cents to $1.40 on Monday. Cheers