I remember reading somewhere (so dont quote me!) that the sum of the parts is worth more than the whole. So maybe some hope that if there is a carve off greater value will be achieved.
Right on the money here, deep set rot, but hasn’t reached all arms of the business
Right on the money here, deep set rot, but hasn’t reached all arms of the business
Sometimes I think I have a little share fairy wafting over me. A few years back I was about to pull the trigger on a PRC buy but I dallied. Just as well.
When I posted the above I was thinking I really need a construction Co in my portfolio and FBU, on that basis appeared to have potential. I got distracted with other stocks (ATM and SML etc) but was just thinking the other day with this "crash" and cash burning a hole in my pocket now might be a good time to pick up at a discount. Just as well I didn't give it any extra thought.
Dodged the direct holding, but simplicity has me holding indirectly
Which is why I prefer to pick and choose my own shares. If they go down I only have myself to blame. Much better than paying someone else to depreciate your assets for you.. My money in Kiwisaver an exception - figure the risk is well offset by employer and tax payer top ups.
Fingers cross for an FBU split - we could do with a few IPO's
Originally Posted by minimoke
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