Can't argue with that logic and it looks like he may have saved himself a whole heap of $ today too with the SP dropping a whole lot further.
Printable View
The B&I disaster all known but a bit of added detail today didn’t give punters much added comfort it’s all under ‘control’
The main factor behind the the fall today was that the outlook for the various divisions for the rest of the year was a bit muted. Go through the presentation and on the outlook tables there are many FLAT and LOW GROWTH views so it looks like H2 not going to be that strong.
Date Gross shorts 1 Issued capital % Capital shorted 2 Trade volume 3 Shorts as % of volume Tue 20th Feb, 2018 643,172 697,040,440 0.09% 1,449,658 44.37% Mon 19th Feb, 2018 651,761 697,040,440 0.09% 1,731,592 37.64% Fri 16th Feb, 2018 1,101,459 697,040,440 0.15% 1,486,885 74.08%
Back to the good old JV model?
http://www.nzherald.co.nz/business/n...008976&ref=rss
From our amazing national radio
EQC considering legal action against Fletcher Construction
"Fletcher and EQC bullied her throughout the whole process, which has made her lose trust and pride in New Zealand, she said."
Fletchers are liable say EQC yet both avoided inspecting under houses or in walls in fact they lied saying they had and when they did they didn't see any problems which were blatantly there, liquification,cracks, piles fallen over etc. This gets worse for Fletchers, they need to be made accountable for such shoddy practice and such poor quality work.
luckily im far away and ignorant of the local knowledge. People have been screwed badly there, i listened to some of their stories on campbell on RNZ this eve.