One big issue is that these days they are burning cash ...... not a good look
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One big issue is that these days they are burning cash ...... not a good look
Great report from STU today
They seem to be busy as .... a bit like Fletchers
Once all these houses have their roofs and walls on the windows need to go in ....and Metro will prosper ...like they did in the building boom of the 2000's
Stats NZ released Building Activity stats for Dec quarter so I updated this chart
I see director Angela Bull has resigned,and a recruitment for a replacement director has begun.
Perhaps a quick phone call to Peter Wells is called for.His phone number is on his latest substantial shareholder announcement.
OK new director Jenn Bestwick has good governance experience,however does not get my juices following and wanting to buy any shares.
Had Peter Wells joined the board I would have bought some MPG shares,as I think MPG really could benefit with his business acumen.
A missed "window of opportunity".