TENON

[bonne vie]

http://www.stuff.co.nz/business/opinion-analysis/9258903/Remodelling-revival-the-acid-test-for-Tenons-strategy

Article by Chalkie -

[Balance]

http://www.stuff.co.nz/business/opinion-analysis/9258903/Remodelling-revival-the-acid-test-for-Tenons-strategy

Article by Chalkie -

Shhhh - keep stories like this quiet.

Hard enough to find good stories out there without too many people jumping on a good one and pushing sp up.

[psychic]

Good announcement today
I'm in. Good results and talk of dual US listing

[Balance]

Shhhh - keep stories like this quiet.

Hard enough to find good stories out there without too many people jumping on a good one and pushing sp up.

[psychic]

sorry bal......

[ari]

FFS consigned to history....lets just hope there's better times ahead than the last few years under FFS.

Been waiting over 9yrs plus too many years under FFS to remember......it's certainly been a long haul.....

[Joshuatree]

A breakeven net profit as forecast. Gross profit $47 mill last year $40 .mill

Continuing recovery in US Housing but the chart says it all "only now recovered to the BOTTOM of previous cycles"

and "Over the past 50 years housing starts have been above the current level for almost 90% of the time".

I respect TEN's honesty here putting these details in.

One thing i read elsewhere which is pertinent to me is that despite QE ,GDP in the States is re 2.5-3% when it should be 6 % with this stimulus; and unemployment and housing really haven't improved. What happens if/ when the stimulus is tapered/ dropped."

Certainly a lot of potential here, still, still,still....

[Joshuatree]

Have you lost your bottle Suggest you reread the report, the chart, and look at the macro. Things are promising but not yet delivering imo.

[ratkin]

Seemed a reasonable result to me. That winter weather was very extreme covering a huge area of the country , would certainly have kept the builders at home

[Lizard]

The increase in their mid-cycle EBITDA forecast should be cheering you up, snapiti... just got to keep holding for that "mid-cycle"... or even better, top of cycle . $45m EBITDA mid-cycle makes it maybe $24m NPAT? On a mid-cycle PE of 12, that could be worth $4.40 per share...

... of course, that all assumes we're still riding cycles...