Could be under $5 by weeks end some say... that is the lowest price since Sep 2005 (when the charts began for FBU in its current form)... wow wow wow
No worries - dividend coming
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Could be under $5 by weeks end some say... that is the lowest price since Sep 2005 (when the charts began for FBU in its current form)... wow wow wow
No worries - dividend coming
Good sector to completely avoid, FBU, MPG and STU.
Bearing in mind that there could be another down grade ( they usually come in threes and this is the second ) where is good/fair value at present, $ 4.50-70 ?
Might be closer to $3 with the unfinished project liability still hanging over their head.
Can't see their prefab housing turning this ship around any time soon (in a stalling housing market).
RCR Tomlinson biting the dust. Different company - but clearly something very wrong with the industry ...
https://www.stuff.co.nz/business/108...tingency-plans
https://www.newshub.co.nz/home/money...istration.html