FBU - Fletcher Building

**Checkmate** · 17-09-2020, 08:53 PM

Looks like Exec's have accumulated lately https://www.nzx.com/announcements/359944 - Ross Taylor accumulated over 400,000 under his long term share scheme alone..correct me if i'm wrong but that looks promising that they have accumulated shares rather than disposed of shares...

**sb9** · 02-10-2020, 02:00 PM

$4 beckoning....hmmm who would've thought for this boring and not popular stock on ST.

**CCcc** · 02-10-2020, 08:58 PM

Yes, it is over $4 today. But don’t know whether it can stay at the 4ish next Monday, as Trumps issue.

**Checkmate** · 05-10-2020, 02:46 PM

Fletchy is one of the top performers on the NZX today! The most hated stock in NZ but possibly the best value.

**Habits** · 05-10-2020, 03:11 PM

Originally Posted by Checkmate

Fletchy is one of the top performers on the NZX today! The most hated stock in NZ but possibly the best value.

Yes looking strong on tech basis. Consolidated and ready to break above previous 4.20 top.

**BlackPeter** · 05-10-2020, 05:24 PM

Originally Posted by Habits

Yes looking strong on tech basis. Consolidated and ready to break above previous 4.20 top.

Not quite sure the TA looks exciting ... it appears it failed again to break throught he $4.16. Double (or if you like triple ) top. Pretty bearish signal.

But never mind the technicals with FBU, what I really fear are their fundamentals

, and the bear did not even start its mauling ...

**Habits** · 06-10-2020, 02:29 PM

Originally Posted by BlackPeter

Not quite sure the TA looks exciting ... it appears it failed again to break throught he $4.16. Double (or if you like triple ) top. Pretty bearish signal.

But never mind the technicals with FBU, what I really fear are their fundamentals

, and the bear did not even start its mauling ...

see what happens this week. I think the *whole* market will be doing alright this month...