Well their strategy update is due to be announced in March so I think there'll be an update then. Would be nice to have a CEO announcement then as well too but that might be asking for too much
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Given the price @ .86c today surely its time to stick a toe in on this one,PE of 8,dividend yield over 12% and and as joe above says perhaps no news is good news!
Surely quoting on Glass and Installation is a much much less complex task than what FBU were having to do ? There is a lot of building happening and to happen in New Zealand. So should they be tarred with the same brush ?
Not holding but wondering about dipping my toe in the water on this one.
With a March 31 year end plenty of time for a bit of action
If things were going gangbusters I'm sure they would have told us by now ....January results out there
If things are doing OK they might not say anything until the announcement late May
And if things are not going to plan and there's a bit of explaining to do expect an announcement early March asfter they know whats happened up to end of February.
That's how I see it anyway
Wonder how the strategic review is going?
Yeah based on no update things up until jan 31 must have been tracking to the 18.5-20m guidance given? or maybe they are just waiting till next month to hide it with the CEO news.
Regardless this will be stuck in the 80s (or lower) until the market has some kind of update. IMO the current share price & sentiment suggests the market expects a downgrade... will be an interesting couple of months.