Bull in timber related stocks...
Today Taann, Jtiasa, WTK, Lingui, Mieco all moved up pretty well.... decent gain in anticipation of the reconstruction of Japan. Realistically, these companies will benefit for sure but the question will be when will the bottomline be reflected by the increase in demand?
No doubt most of these companies are relatively stable... these run up are very sentimental and are very ahead of fundamental in my opinion. For those who managed to jump in prior to today should consider taking profits off the table....
There is 99% the reconstruction will start(likely in 2H) but there is a 1% chance it might not happen so soon should the nuclear disaster situation worsen or in case there is more post quake disaster that follows... we never know.
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