Fbu can't make money in a construction boom, i will always avoid.
David Price institutional broker for Forbar in today's market review on sharechat reported that FBU hit a 14 year low today of $4.70 and that market participants were concerned that seeing as it couldn't capitalize on a booming construction market that now that things are starting to cool down on both sides of the Tasman this is just the start of the earnings downturn for them. "I will always avoid" sum's the situation up very well as really FBU is the perennial underperformer.
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
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Originally Posted by Lewylewylewy
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