FBU 0.00% $3.30 fletcher building limited

FBU has aways been a deny of bad news. Remember the past few...

  1. 6,092 Posts.
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    FBU has aways been a deny of bad news. Remember the past few years? They are still sorting out their construction projects on low margin.

    The pipes are a serious issue. The company is in denial. The management are mushrooms being fed crap by the techies.

    I will err on cautious side and hold off buying.

    The CEO is gonna leave then someone gonna writedown stufg, increase provisions and do a cap raise to lower the SP hurdles.
    Last edited by Nightmarez3k: 16/02/24
 
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