And where has it got them?
Petrol nothing. Govt should look at how much excise tax there is in the price.
Supermarkets = Nothing. Yawn more dribble
Construction = Nothing but more dribble. As mentioned earlier they are not looking at the total building costs just parts they want to look at.
Yawn, nothing will come of any construction inquiry except more wasted money.
Last edited by Beagle; 08-03-2022 at 04:41 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Craigs continues to be optimistic about FBU in their latest report, but the market is not showing much love.
Talked to a fundie who has exited their FBU position:
FBU’s biggest earner is its residential housing division. The company has been enjoying huge windfall profits from its land bank and ever escalating house prices. Division will continue to be profitable but will be hard pressed to deliver the sort of profits it has in recent years. In fact, the fundie expects the division to report reduced profits from 2023.
Originally Posted by Greekwatchdog
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