FBR 4.08% 4.7¢ fbr ltd

Ann: Full Year Statutory Accounts, page-228

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  1. 6,174 Posts.
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    Nah, all good here. But seriously, I think a big global recession is looming. Not just Perth, China been a bit wobbly, and my theory has always been the prosperity of Australia is too closely linked china now. Look at A2M/TWE, I know HOkey is a big fan of A2M and I personally know a lot of others are riding on A2M as well. I for one has not gone into it as I believe its too tied to the Chinese economy. Hopefully, FBR has done enough to offset this. So far wienerberger/CAT/mexico GP viviendi are very good news to me.  What really worries me is that regardless of the success the HX/Build 1 etc, a global recession will severely impact the revenue of FBR in the future. They did start off as privately funded, and have to "stop" due to the 2008 when one the "angle" investor pulled out. 
 
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