powering up ... nice to see...
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powering up ... nice to see...
Building consents still heading up .....plenty of materials needs and work over the next few years for Fletchers
i've also been buying more RTM. Reasons: FBU still buying back shares, management buying on market, fully imputed divvy of 18c shortly, great HY result and positive forecast, sector tailwinds. I'm surprised that its not back over $7 so good buying imo.
https://announcements.nzx.com/detail/388325
Go Ross - you tell those ComCom guys they wasting their time on this wild premise that the likes of Fletchers are rogues
Jeez - they only have an EBIT margin of 8% .....about 5% after tax return .... real rogues eh
https://www.nzherald.co.nz/business/...YSLQTOKJ5XQNQ/
Agree it is time for FBU to shine. New cycle. No where near the top.
David Clarke is one of the most incompetent Govt ministers on show. Taylor is right about building components for a house. Govt fails to look at the big picture again only choosing to look at part of the picture as per usual. No wonder the Govt has failed in 4.5 years at the helm
FBU keeps moving down Winner() ...
commerce commission investigations completed on
petrol
supermarkets
next on the list building products i believe
fbu be packing there pants now . :scared:
my prediction timber after the div
And where has it got them?
Petrol nothing. Govt should look at how much excise tax there is in the price.
Supermarkets = Nothing. Yawn more dribble
Construction = Nothing but more dribble. As mentioned earlier they are not looking at the total building costs just parts they want to look at.