FBU fletcher building limited

Ann: FBU Updated FY2017 Earnings Guidance, page-5

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    Yeah - I've an article from NZ expressing some disdain for communications from the ivory tower over there for a start.

    On another related issue - obviously FBU is a conglomerate, where most of their divisions are manufacturers and wholesaler/distributors type businesses. It isn't a dead cert that they need a business that runs projects, or a land development div. Makes it very difficult to find a CEO who can be master of all of that. They ought to (very carefully) spin off the land development and construction to shareholders IMO.
    Last edited by CaptainBarnacles: 27/03/17
 
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