Matey, powering through the $8.00 barrier reasonably effortlessly.
Next restructuring announcement will take it above $9.
Totally agree mate
Surely we not the only two who saw the opportunity
Mr P was always an advocate that the up trends in the FBU share price were pretty reliable once they started. I reckon this is the case again. Been a pretty good strategy in the past.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Surely we not the only two who saw the opportunity
Mr P was always an advocate that the up trends in the FBU share price were pretty reliable once they started. I reckon this is the case again. Been a pretty good strategy in the past.
Personally...anyone out there who is not expecting further downgrades or dismal forecasts from Fletchers construction division should be glueing their hands in their pockets!
A construction project that is losing serious amounts money on day x will have lost a significant amount more by day y. They seem to have several of these. And ongoing. surely enough to wipe a large construction company. Fletcher are lucky they can be bailed out by their building products division.
Personally...anyone out there who is not expecting further downgrades or dismal forecasts from Fletchers construction division should be glueing their hands in their pockets!
A construction project that is losing serious amounts money on day x will have lost a significant amount more by day y. They seem to have several of these. And ongoing. surely enough to wipe a large construction company. Fletcher are lucky they can be bailed out by their building products division.
Absolutely agree. If things go really well for FBU than they will have only one more downgrade after their new CEO steps on the deck and tidied the closets. Expecting them to float from here (before that) with all the old wood unchanged in place is like expecting a pig to fly ...
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"Prediction is very difficult, especially about the future" (Niels Bohr)
Absolutely agree. If things go really well for FBU than they will have only one more downgrade after their new CEO steps on the deck and tidied the closets. Expecting them to float from here (before that) with all the old wood unchanged in place is like expecting a pig to fly ...
Market is fully expecting a new CEO to do another clean-up - that's a given.
What the market is split on and that's where the money is going to be made (or lost) is whether the directors are up to the job of restructuring FBU.
Originally Posted by winner69
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