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  1. #1341
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    Quote Originally Posted by LaserEyeKiwi View Post
    Any news today? or is a 3% up day on no news not that strange for FBU?

    (I'm a recent investor)
    Nothing specific, however of late FBU price action is driven mainly out of ASX. Going by that big crossing of 3.5mln shares at 7.38 a piece, someone wants in and other want out.

  2. #1342
    Speedy Az winner69's Avatar
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    New home approavls in Australia have been surging of late
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  3. #1343
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    Quote Originally Posted by LaserEyeKiwi View Post
    Any news today? or is a 3% up day on no news not that strange for FBU?

    (I'm a recent investor)
    Now she's up 3cents not 3pct... help! What is going on, I dont think that is normal

  4. #1344
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    Was it the expectation of MSCI inclusion to replace our ATM friends.... ATM up today so maybe someone in the know is buying

  5. #1345
    Speedy Az winner69's Avatar
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    Should help Fletcher Oz operations

    Westpac brief on building approvals -

    Dwelling approvals posted another very strong surge in March, up 17.4% vs expectations of a 3% rise and following a 20.1% jump in Feb. The March monthly read is the second highest on records going back to the early 1980s, only just pipped by a spike at the tail end of the Sydney-Melbourne high rise boom in late 2017.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  6. #1346
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    Quote Originally Posted by winner69 View Post
    Should help Fletcher Oz operations

    Westpac brief on building approvals -

    Dwelling approvals posted another very strong surge in March, up 17.4% vs expectations of a 3% rise and following a 20.1% jump in Feb. The March monthly read is the second highest on records going back to the early 1980s, only just pipped by a spike at the tail end of the Sydney-Melbourne high rise boom in late 2017.
    Says more about the quality of the brief.

  7. #1347
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    Quote Originally Posted by Habits View Post
    Was it the expectation of MSCI inclusion to replace our ATM friends.... ATM up today so maybe someone in the know is buying
    It’s May & the possibility exists that FBU could get back into the MSCI index - will be worth at least $1.00 on the sp if that happens.

  8. #1348
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    Robertson says we pay too much for building materials


    Going to sort it out blah blah

    Don't think Fletchers or any others worried one little bit
    Last edited by winner69; 10-05-2021 at 03:48 PM.
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  9. #1349
    always learning ... BlackPeter's Avatar
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    Quote Originally Posted by winner69 View Post
    Robertson says we pay too much for building materials


    Going to sort it out blah blah

    Don't think Fletchers or any others worried on little bit
    I think both Robertson and you are right :
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  10. #1350
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    Quote Originally Posted by winner69 View Post
    Robertson says we pay too much for building materials


    Going to sort it out blah blah

    Don't think Fletchers or any others worried one little bit
    Jacinda had a go at the petrol companies , that got as far as Kiwibuild ......
    https://www.nzherald.co.nz/nz/consum...SMINJKYCJYMJM/

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