FBU - Fletcher Building

[Toddy]

You could argue serious buyer(s).

Convince me. Why would someone be buying FBU?

[Greekwatchdog]

Convince me. Why would someone be buying FBU?

LOL I am not going to even try as its not my money.

I guess if your looking at a long term then, Legacy Projects finishing up without any more extra one offs, Interests rates start coming down late this year/early next year. Sale of Crane Group in Aust and Insurance payout for fire at convention sector in AKL. Also this is becoming a takeover target where its priced.

I don't see dividend at Full Year and they may not issue any out until Full Year 2025. Capital Raise who knows.

[whatsup]

Falling knife, who is game ?

[Toddy]

LOL I am not going to even try as its not my money.

I guess if your looking at a long term then, Legacy Projects finishing up without any more extra one offs, Interests rates start coming down late this year/early next year. Sale of Crane Group in Aust and Insurance payout for fire at convention sector in AKL. Also this is becoming a takeover target where its priced.

I don't see dividend at Full Year and they may not issue any out until Full Year 2025. Capital Raise who knows.

Yeah, no need to panic. It's probably just the employee share scheme selling down as the number of redundancys ramp up.

I hope that FBU had provisioned for the redundancy payouts in their latest forecast between now and the end of June.

[winner69]

Yeah, no need to panic. It's probably just the employee share scheme selling down as the number of redundancys ramp up.

I hope that FBU had provisioned for the redundancy payouts in their latest forecast between now and the end of June.

Did say $10m to $15m restructuring costs included

[Toddy]

How would you feel if you had put 50k into the employee share scheme say over the last 15 years and were made redundant. And when they paid your shares out you got 15k back.

[troyvdh]

Sorry again...along with the RYM debacle...who the heck would invest in NZ shares....its sad and shameful.

Toddy so so true.

And how many funds hold FBU,

[SailorRob]

Convince me. Why would someone be buying FBU?

Dude there is nothing to convince.

If shares got sold then they got bought.... (Brought)

Surely this is damn obvious to everyone?

[troyvdh]

Dear sailor ...What are saying ?
Do you acknowledge that homes in NZ have been considered the most expensive in the developed world.
NZ makes most dosh from milk powder and tourism.
Ireland ?
Damn obvious ....ahh nah.

[SailorRob]

Dear sailor ...What are saying ?
Do you acknowledge that homes in NZ have been considered the most expensive in the developed world.
NZ makes most dosh from milk powder and tourism.
Ireland ?
Damn obvious ....ahh nah.

I totally agree with you and agree with your previous post.

Absolute banana republic and as soon as the communists took power I removed all of my capital from the country.

We have nothing of value to sell the world and what we do sell we are crap at making efficiently as have to pay off all the state insiders.