I invested based off their fundamentals, and their valuation was cheap at $4.5 a few months ago... Covid changed that though. I invest in companies with a good track record if they are undervalued 👌🏻
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This is one long dismal story
If you want to stay happy don’t read
http://nzx-prod-s7fsd7f98s.s3-websit...360/322838.pdf
30% decline in residential construction going forward wow and as previous mentioned companies would use the wage subsidy as a window to make people redundant
So is Fletcher going to tank again today? This is one of the worst 'stocks' ever... always bad PR and people seem to hate them, now Covid 19 is going to hit them big!?
Still gonna hold my shares though... :cool: