FBU - Fletcher Building

[winner69]

Wow …in BusinessDesk It estimates on average 6.7 of these Iplex pipes are bursting each day and it is peaking on homes built in 2019.

[winner69]

On the contrary - FBU has been an excellent market play.

Buy low and sell high!

And will continue to be a excellent trading stock …maybe another trade coming soon

[Balance]

Wow …in BusinessDesk It estimates on average 6.7 of these Iplex pipes are bursting each day and it is peaking on homes built in 2019.

Could be looking at a $3 in front of the sp then.

CRASH!

[Baa_Baa]

Could be looking at a $3 in front of the sp then.

CRASH!

Keep it up, an ill-informed shareholder might just serve up a bonus buy opportunity. Best that happens before people know for sure or figure out it's more probably a product failure and not an installation failure.

[winner69]

Keep it up, an ill-informed shareholder might just serve up a bonus buy opportunity. Best that happens before people know for sure or figure out it's more probably a product failure and not an installation failure.

Isn’t product failure really bad outcome for Fletchers?

[Baa_Baa]

Isn’t product failure really bad outcome for Fletchers?

Perhaps, if Fletchers 'specified' it in the design, which is less likely. Usually the architects/engineers specify the products and Fletcher's job is only to install it. If the products are a dud then it's on the specifier, not the installer. These details will come out soon enough, and are coming out, at this stage I see no panic for Fletcher's per se.

But uncertainty does create opportunity for speculators, on the share price. No doubt about that.

[Rawz]

Isnt Fletchers the manufacture of these busted pipes? and the installer is saying its faulty i.e. Fletchers billion dollar problem?

[kiora]

On the contrary - FBU has been an excellent market play.

Buy low and sell high!

Market play for investors?

A traders delight more like.

[Toddy]

Fletchers is saying that the product is no faulty. It's the installation that's the issue,

Where are they at with the Class action against them?

[kiora]

Fletchers is saying that the product is no faulty. It's the installation that's the issue,

Where are they at with the Class action against them?

Nobody will win, that's just how it always goes & certainly not likely to be Fletchers