MPG - Metro Glass

[JBmurc]

Yes is a risk of the SP moving south and may well park the funds into savings account and get couple hundred $$$ after TAX ....can always pay GST from other funds if I have too ....

[bull....]

share price still consolidating at lows i reckon nothing in report to inspire confidence

[BlackPeter]

share price still consolidating at lows i reckon nothing in report to inspire confidence

You reckon? You mean you rely on the market reading the reports for you - otherwise you would know, wouldn't you?

[bull....]

You reckon? You mean you rely on the market reading the reports for you - otherwise you would know, wouldn't you?

the technicals simply confirming the fundamentals, and my research which sugested nothing of interest here.
Property market is slowing down a little which is healthy long term.

Also there quoting systems are dreadful - ring a local branch ask for a quote wait while your request is sent to head office, ring local branch for update hold on ill ring head office - wait wait ring again oh yes we received quote back from head office such time wasting.

[BlackPeter]

...

Property market is slowing down a little which is healthy long term.

So - where do you think all the "unhoused" New Zealanders will go? Never heard about the Auckland housing crisis? Maybe you should do some more research ...

[bull....]

So - where do you think all the "unhoused" New Zealanders will go? Never heard about the Auckland housing crisis? Maybe you should do some more research ...

you didnt notice latest building consents? second mth of declines and auckland down which by the way auckland will never keep up or catch up unless they totally eject all immigrants - maybe they could send them all to your town? hear housing market pretty slow down there.

[BlackPeter]

Immigrants ... just bring it on. Heard this morning in National Radio that we consider to outsource major infrastructure opportunities to Chinese companies because we don't have enough skilled workforce. So much about the benefits of limiting immigration.

building consents: last time I looked at the mid and long term trend it went nicely upwards. Not everybody is investing on a monthly stop and go basis ...

NZ building permits.JPG

[winner69]

Immigrants ... just bring it on. Heard this morning in National Radio that we consider to outsource major infrastructure opportunities to Chinese companies because we don't have enough skilled workforce. So much about the benefits of limiting immigration.

building consents: last time I looked at the mid and long term trend it went nicely upwards. Not everybody is investing on a monthly stop and go basis ...

NZ building permits.JPG

Nice chart

Looks like a bit of a downtrend since a year ago?

And showing charts with only half a cycle is dangerous ....can lead to wrong conclusions

[t.rexjr]

NZ building permits.JPG

Can you show it back to 2006?

[winner69]

Can you show it back to 2006?

Going back to 2001 a better starting point ......to see what the building / economic cycles look like

Current cycle has peaked - even with this perceived housing shortage