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Re: Milner post# 785

Tuesday, 07/01/2008 3:55:44 PM

Tuesday, July 01, 2008 3:55:44 PM

Post# of 1210
Hello Milner. ITCL is a long time hold, and I am not expecting much results at least in next two years. I added some stocks earlier in the spring, and will add a small amount now after the annuals were published. It's financials are not very strong due to low price long term contracts, which were made years ago. Next year at least two of the vessels will become free for spot markets, and hopefully earn better money.

If you consider buying, buy small amounts and forget the stocks. You have several years time to add more, if you see the company is showing growth and progress. I do not expect any quick price rise in near time - but - knowing JF - wouldn't be surprised if such thing should happen.
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