FBU Chart.

[RTM]

http://www.sharechat.co.nz/article/0...r-projectshtml

Its surprising with all those high priced executives paid many hundreds of thousands of dollars and the fact that this company is in the business of construction that they can't build a rigorous development quoting model for various different forms of projects and need to hire outside consultants.

Yes. Exactly. You would have thought that this would have had to be a core competency for an industry such as this.
That's why I am completely out. At a modest profit. Phew.

[forest]

Its surprising with all those high priced executives paid many hundreds of thousands of dollars and the fact that this company is in the business of construction that they can't build a rigorous development quoting model for various different forms of projects and need to hire outside consultants.[/QUOTE]

Your right, this is FBU job. They should be the specialist in quoting projects specially as a lot of the materials will be supplied by FBU themselves.

[Beagle]

Yes. Exactly. You would have thought that this would have had to be a core competency for an industry such as this.
That's why I am completely out. At a modest profit. Phew.

Forest
Your right, this is FBU job. They should be the specialist in quoting projects specially as a lot of the materials will be supplied by FBU themselves

And to think that the company has had decades of experience to try and get this right and to then get it so badly wrong on several large projects, WOW... you really do have to wonder about the competency of the executive team don't you ! But wait...there's more !...I see the board have finally now realised they need more directors with construction experience...doh...you think ? lol
How anyone could say they have confidence in the senior management team and board is totally beyond my comprehension !
Disc: Never been a shareholder and unlikely to ever be one.

[RTM]

isc: Never been a shareholder and unlikely to ever be one.

Bought at $6.74 Jan 2016
Not complaining, but hoped to hold for the longer term. Will keep on radar.

[winner69]

Even the workers are unhappy

Shareholders should be ashamed their employees can’t even have a decent wage (living) .....but that’s not how capitalism works ....but then I’m told capitalism is dead.

Go the workers - your capitalised interest in the company is more than the shareholders anyway

https://www.stuff.co.nz/business/981...s-headquarters

[macduffy]

Sounds more like an old-fashioned union v company wage increase "negotiation", to me.

[Balance]

https://www.nzx.com/companies/FBU/announcements/309070

Downgrades come in threes - looks like it is coming true for FBU?

[horus1]

This is a disaster for them if it is a downgrde.

[steveb]

And an announcement on the new CEO you almost feel sorry for the poor sod,it's some poisoned chalice they will be handing him/her!

[winner69]

https://www.nzx.com/companies/FBU/announcements/309070

Downgrades come in threes - looks like it is coming true for FBU?

sometimes they come in fours ...and even fives

be a good meeting tomorrow eh .....ralph wont be a happy chappy