FBU - Fletcher Building

[winner69]

Looking good to clinch 5 handle this side of Christmas....

Can't be a dog forever eh sb9

[sb9]

Can't be a gig forever eh sb9

You betcha, with all property boom going on, they gotta get some benefit out it...

[Biscuit]

Can't be a dog forever eh sb9

Nah, they a dog. Once a dog, forever a dog. Or at least the onus on them to prove otherwise.

[Greekwatchdog]

Hopefully they can give some sort of guidance on 25th Nov. With all the costs been taking out and an amazing housing market you would think there would be some good news.

[clearasmud]

Hopefully they can give some sort of guidance on 25th Nov. With all the costs been taking out and an amazing housing market you would think there would be some good news.

What we really want is a resumption of dividends.

[Greekwatchdog]

Well for that to happen they need to make money.. A little luck and good execution from here should see that happen..

[Gunner]

I work for Fletchers. The lack of leadership, the inefficient and bureaucratic quagmire of the business experienced by me and many others is the reason I'd never invest in them. Invest at your own peril.

And P.S alot of people are still pissed the CEO and his underlings had a lesser pay reduction then the rest of the workforce during covid. I know they had to back down after the uproar at the time but this provides an insight to the management culture there. Theyve lost a lot of respect that will take years to get back.

[Greekwatchdog]

Root cause runs a little deeper than current Leadership Group. DYOR as decide. I also work for a unit of the empire...

[nztx]

Well for that to happen they need to make money.. A little luck and good execution from here should see that happen..

but will any company tax be paid -- as a sure sign it was a Real Taxable Profit for the period the dividend may
apply to - with Imputation Credits attached ?

You know - those bits of company tax paid by Co that many companies attach to their distributions, and have been lacking from
some recent FBU distributions (ie: 0% Imputed)

No imputation credits = 33% of Dividend distribution grabbed & given to Infernal Revenue before anyone smells a
Divy cheque or sees a DC into their bank

[Greekwatchdog]

Time will tell...