FBU - Fletcher Building

**percy** · 13-04-2018, 11:52 AM

Originally Posted by whatsup

So do you really think that the labour govt will allow that ! ?

Would be a good "under arm" if they did.
FBU has a record of destroying shareholders' wealth.
If the Aussie can make a go of it,good luck to them.
The Buffet saying about people with a good reputation joining a business with a poor reputation.?
The business retains it's reputation.
Certainly has been proved correct by FBU.

**bull....** · 13-04-2018, 11:54 AM

nothing in the australian financial review , so sounds more like nz ramping to me

**Beagle** · 13-04-2018, 11:59 AM

Originally Posted by percy

Would be a good "under arm" if they did.
FBU has a record of destroying shareholders' wealth.
If the Aussie can make a go of it,good luck to them.
The Buffet saying about people with a good reputation joining a business with a poor reputation.?
The business retains it's reputation.
Certainly has been proved correct by FBU.

Agreed. New captain at the helm of the Titanic won't make much difference. Behind the paywall article on NBR recently suggesting that analysts are losing confidence in anyone's ability to run this behemoth which is too unwieldy in its current form, successfully. Shareholder value can only really come from a break-up.
I think its a flea ridden mutt.

**whatsup** · 13-04-2018, 01:01 PM

Originally Posted by Beagle

Agreed. New captain at the helm of the Titanic won't make much difference. Behind the paywall article on NBR recently suggesting that analysts are losing confidence in anyone's ability to run this behemoth which is too unwieldy in its current form, successfully. Shareholder value can only really come from a break-up.
I think its a flea ridden mutt.

Get some engineers to run this outfit, in the U S engineers are the most sort out CEO's to head all types of companies, take a leaf out of their book don't try to reinvent the wheel !!

**horus1** · 13-04-2018, 02:13 PM

The new CEO is an engineer with a good reputation.

**winner69** · 13-04-2018, 02:16 PM

Originally Posted by horus1

The new CEO is an engineer with a good reputation.

The financial engineers have done their best ...l

**trader_jackson** · 13-04-2018, 02:40 PM

Originally Posted by bull....

nothing in the australian financial review , so sounds more like nz ramping to me

It is in AFR
http://www.afr.com/street-talk/big-d...0180412-h0ypcn
Although I am surprised AFR weren't onto it sooner to be honest... they are usually 'first in' with this kind of stuff