FBU 1.17% $2.54 fletcher building limited

and therein lies the opportunity.Cyclical company.Long term buy...

  1. 7,432 Posts.
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    and therein lies the opportunity.
    Cyclical company.
    Long term buy for me at bottom of the cycle.
    Buy, put in bottom draw, hold for a few years, ignore news flow, come back in 3 or 4 years with a decent return.

    Just don't attach any news flows to your watch list, otherwise you will despair and sell.

    I am back in $3.30 first position. No rush to do much though, just sit back and watch.

    Too early for a 'buy sentiment'
 
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1 3494 $2.54
 

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$2.56 7298 4
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