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  1. #161
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    I think having such a significant portion of the NZX 50 does FBU a lot of favours.

  2. #162
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    Quote Originally Posted by peat View Post
    cant believe they only dropped a dollar. (less already)
    Share price holding up amazingly well!

  3. #163
    Legend Balance's Avatar
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    Quote Originally Posted by peat View Post
    cant believe they only dropped a dollar. (less already)
    Additional $467m of losses = 67 cents per share.

    Wait for the Conference Call to be over - the real action will start then.

  4. #164
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    Quote Originally Posted by trader_jackson View Post
    Share price holding up amazingly well!
    My $7.10 is not so laughable now!!

  5. #165
    ShareTrader Legend Beagle's Avatar
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    Quote Originally Posted by minimoke View Post
    Incompetence within the highl paid people . Of concern should also be that its their intention to redeploy current key B&I staff through the greater business - one way of ensuring the rot / cancer spreads further seems to me.
    Agreed, the degree of incompetence shown from management in that division is absolutely breathtaking. To me this announcement does absolutely nothing to address key management failings within the company. Its almost like, oh my goodness we put $500m on black on the roulette wheel and it came up red, sorry about that folks. Not nearly enough contrition shown and not enough of a thorough cleansing of the dead and rotten wood within the company. Every single staff member within that B&I division should be made to reapply for their job and make their case for being retained and an independent expert construction panel appointed to make decisions on a case by case basis. In my opinion this company is uninvest able until that happens.
    Last edited by Beagle; 14-02-2018 at 10:26 AM.
    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

  6. #166
    Legend minimoke's Avatar
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    Quote Originally Posted by Balance View Post
    Additional $467m of losses = 67 cents per share.

    Wait for the Conference Call to be over - the real action will start then.
    No mention of restructuring / redundancy costs

  7. #167
    Speedy Az winner69's Avatar
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    Quote Originally Posted by minimoke View Post
    No mention of restructuring / redundancy costs
    $20m was mentioned on one of the slides
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  8. #168
    Legend minimoke's Avatar
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    At a personal level, I cant see anyway the Christchurch Metro Sports facility and rugby stadium will ever be built now.

  9. #169
    Legend minimoke's Avatar
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    Quote Originally Posted by winner69 View Post
    $20m was mentioned on one of the slides
    Wouldnt that only cover one or two top execs?

  10. #170
    Member Onion's Avatar
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    A boom is worse than a bust (in may respects)
    - Ralph Norris

    They'll be hoping for a bust I presume.

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