FPA fisher & paykel appliances holdings limited

results sound enough

  1. 14,213 Posts.
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    Hi Folks,

    From my reading of the results and presentation all looks on track.

    Looks a pretty good result for a bad year, with currency headwinds and manufacturing still to move down the cost curve. Been a long term growth story, back on track to be with the new strategy imho.

    Not prepared to buy more atm, but happy to hold what I have. Excellent yield, and if sp doesn't lift it must eventually get taken over as all NZ manufacturers do, product range/brand worth heaps to say a Chinese manufacturer.

    Contrary thoughts welcome.

    EL
 
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