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  1. #16
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    Quote Originally Posted by hogiela View Post
    OMG FBU ... what are you doing?!!!?
    Mine have all gone...was surprised when they went up after I sold.

  2. #17
    A BEARISH BULL winner69's Avatar
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    FBU a pretty popular pick in the competition this

    Many, including some illuminiaries, obviously think could be a decent turnaround story

    Don’t forget the share price was once close to $14 so even if it only goes to $10 it’s only going to where it’s been before.
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  3. #18
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    Quote Originally Posted by winner69 View Post
    FBU a pretty popular pick in the competition this

    Many, including some illuminiaries, obviously think could be a decent turnaround story

    Don’t forget the share price was once close to $14 so even if it only goes to $10 it’s only going to where it’s been before.
    Agree there is upside potential, however IMO there is still considerable downside risk if there is any more bad news.

    Given the downside risk I won't be touching until there is some good turnaround news/evidence and a more established rising trend. It will be an interesting one to watch in 2018, but I'll remain on the sidelines. GLH.

  4. #19
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    Is there an element of "everything else has run too hard " in picking FBU to perform strongly this year? I'm another who'll wait to see some evidence first.

  5. #20
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    Quote Originally Posted by Left field View Post
    Agree there is upside potential, however IMO there is still considerable downside risk if there is any more bad news.

    Given the downside risk I won't be touching until there is some good turnaround news/evidence and a more established rising trend. It will be an interesting one to watch in 2018, but I'll remain on the sidelines. GLH.
    Quote Originally Posted by macduffy View Post
    Is there an element of "everything else has run too hard " in picking FBU to perform strongly this year? I'm another who'll wait to see some evidence first.
    Agree 100%.
    No butts, hold no mutts, (unless they're the furry variety).

  6. #21
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    Carillon's problems in the UK read rather like an extreme version of FBU's here. From the Guardian:

    https://www.theguardian.com/business...uidation-staff
    Last edited by macduffy; 17-01-2018 at 11:55 AM.

  7. #22
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    NBR headline a few days ago :

    "Spanish company eyes Fletcher's Construction Division"

    No denials or rebuttal so far?

  8. #23
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    https://www.nzx.com/announcements/313873

    More material losses from B&I

  9. #24
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    huge falls in loss of confidence for this stock , nice timing announcement right at the top of the declining trendline ..... big fall today
    bull

  10. #25
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    Quote Originally Posted by Balance View Post
    https://www.nzx.com/announcements/313873

    More material losses from B&I
    Fun watching from the sidelines.!

  11. #26
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    Quote Originally Posted by bull.... View Post
    huge falls in loss of confidence for this stock , nice timing announcement right at the top of the declining trendline ..... big fall today
    Trading halt until Monday so no action until then.

    This is the third downgrade so the old adage that downgrades come in threes really do happen!

  12. #27
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    Quote Originally Posted by Balance View Post
    NBR headline a few days ago :

    "Spanish company eyes Fletcher's Construction Division"

    No denials or rebuttal so far?
    Maybe the Spaniards watching closely ......even cheaper entry now if they are keen

    https://www.nzx.com/announcements/313880
    “Just consider that maybe the probability of you being wrong is higher than you think.”

  13. #28
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    Used to be a good company, one I traded quite a lot years ago. Sad to see it so thoroughly lose the plot over the last several years or so.

  14. #29
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    Quote Originally Posted by Biscuit View Post
    Used to be a good company, one I traded quite a lot years ago. Sad to see it so thoroughly lose the plot over the last several years or so.
    How on earth shareholder's have been so forgiving is beyond me. There have been multiple downgrades and the SP is not much lower than it was a couple years ago.

  15. #30
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    Quote Originally Posted by Biscuit View Post
    Used to be a good company, one I traded quite a lot years ago. Sad to see it so thoroughly lose the plot over the last several years or so.
    You would think that Ralph's position has become untenable. However with this company anything goes seems to be the motto.....

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