FBU - Fletcher Building

[winner69]

Incredible ...another 1/2 billion bites the dust ...betcha this just ain’t happened

Words fail me

Normalized Profit will be pretty good though ...previous guidance confirmed

[winner69]

No capital raise mentioned so I reckon share price down about 10% today

Maybe $7 will be good buying ... but $6.50 would be even better

[hey_homes]

Excuse my ignorance, but why is trading halted in these circumstances? Who makes that decision?

[RTM]

https://www.nzx.com/announcements/314161

[JeremyALD]

Mind boggling. How one can losses be almost tripled from their last comprehensive review?!

[Balance]

Incredible ...another 1/2 billion bits the dust ...betcha this just ain’t happened

Words fail me

Normalized Profit will be pretty good though ...previous guidance confirmed

Breathtaking!

http://nzx-prod-s7fsd7f98s.s3-websit...124/274373.pdf

Looks like Sky City has got the bargain of the century - getting a $887m convention centre for $470m?

[JayRiggs]

No dividend for HY2018. Oh dear me. That might kick the share price down another 20c or so.

[winner69]

Wonder if Ralph choked up like Bill did when he wrote this -

Fletcher Building remains a great and solid business. I have every confidence it will weather this storm, and once again deliver our shareholders the value they expect and deserve.

[winner69]

Breathtaking!

http://nzx-prod-s7fsd7f98s.s3-websit...124/274373.pdf

Looks like Sky City has got the bargain of the century - getting a $887m convention centre for $470m?

As long as it doesn’t fall down in a few years time

[minimoke]

Time to look at KPMG. How do they have a $160m loss in October and they now have a $660m los. Thats a lot of numbers they couldn't find a few months ago.