Stats NZ Building Activity Survey for June 17 quarter (first three months of Metro new financial year)
Total building activity in volume terms DOWN 1.2% on same quarter last year.
No building boom ......flat comes to mind
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Stats NZ Building Activity Survey for June 17 quarter (first three months of Metro new financial year)
Total building activity in volume terms DOWN 1.2% on same quarter last year.
No building boom ......flat comes to mind
So we'll be languishing at this level for the foreseeable, possibly head lower to $1 during September?
At least this under performer is now off my radar and will put funds towards NTL SPP, possibly more into crypto bargains with this massive selloff.
article in NBR:
https://www.nbr.co.nz/article/value-...arter-b-207330
Apparently the value of building works increased over the last 12 months by 4.6%. This must be good for MPG as well ...
With all this good news coming out, why is mpg still languishing at these low levels and still heading lower? This is the one pooping most in my lap.
Couta you bought in recently cant remember? I bought in at 1.25. Strong urge to sever this tumour and cut my losses. This turd might need more polishing to find favour again, if ever. You still staying in or jumping ship?