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23-05-2024, 04:45 PM
#2391
Member
Up 10% in the last hour, on no announcement... something afoot?
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23-05-2024, 04:52 PM
#2392
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23-05-2024, 04:59 PM
#2393
Member
I see an article "Platinum Equity runs ruler over Fletcher" in The Australian, paywalled.
Takeovers are funny how the 'outsiders' are the first ones with the 'inside' info...
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23-05-2024, 07:07 PM
#2394
Well ....let's sell all the NZX companies....NZ is stuffed anyway
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23-05-2024, 07:38 PM
#2395
Sadly X I cannot disagree.
Like is it purely because interest rates are seeming more attractive than the SM ?
Is NZ inc heading towards a long overdue correction regarding insane residential house price appreciation ?
As we all know we have the highest valued blah blah...the future may be bleak.
I have in recent times banked my dosh in the bank at 6 %.
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23-05-2024, 07:43 PM
#2396
Originally Posted by troyvdh
Sadly X I cannot disagree.
Like is it purely because interest rates are seeming more attractive than the SM ?
Is NZ inc heading towards a long overdue correction regarding insane residential house price appreciation ?
As we all know we have the highest valued blah blah...the future may be bleak.
I have in recent times banked my dosh in the bank at 6 %.
Good for you.
I remember last time NZ had a recession (1991) nobody had any money to buy assets.
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23-05-2024, 08:23 PM
#2397
Originally Posted by clearasmud
Good for you.
I remember last time NZ had a recession (1991) nobody had any money to buy assets.
I think we’ve been in recession a few times since 1991 including 2024.
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24-05-2024, 08:04 AM
#2398
2009 was pretty good if you had cash and the cahones to invest. I wasnt one of those sadly...
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13-06-2024, 10:49 PM
#2399
Gawd Struth .. things must be blowing a fair treat over in Perth:
https://www.nzherald.co.nz/business/...ABM4ORPXWK4CI/
Perth leaky water pipe update: 110 homes a month suffer failures - builder BGC
https://www.nzherald.co.nz/business/...MSGLOBGLYLCTE/
Perth leaky waterpipe crisis - Fletcher Building’s Iplex, builder BGC involved
12.10.23
https://www.nzherald.co.nz/business/...PEEDCPEEIAUOI/
Perth’s exploding Pro-fit water pipes: Who’s to blame? What next?
10.2.24
Most of these appear paywalled, but most should get some idea from titles
Looks like an ongoing growing issue
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14-06-2024, 06:05 AM
#2400
Originally Posted by nztx
Go read the FBU notes on this when the issue first arose. Go to the NZX website. Its all covered. This is going to court. Irony is that its not a batch isssue, its only WA, not rest of Aust. Strange
Last edited by Greekwatchdog; 14-06-2024 at 07:28 AM.
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