FBU 2.63% $2.73 fletcher building limited

Ann: Fletcher Building announces HY24 Results, page-40

  1. 4,622 Posts.
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    They've botched things badly but it's a champion of the NZ economy so I can't see it losing its position, too important. There's lots of value to be unlocked so I've taken a first position.

    Still plenty of risk (particularly with tax loss selling around the corner) so only a modest position so far but a couple of trade sales of their underperforming businesses and FBU could turn around quickly with new management.

    Probably would (should?) have waited but I'm feeling a bit chipper with the SXE and AGL announcements of the last couple of days and with URW returning to dividends.
 
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$2.73
Change
0.070(2.63%)
Mkt cap ! $2.137B
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$2.66 $2.73 $2.65 $8.066M 2.964M

Buyers (Bids)

No. Vol. Price($)
4 27637 $2.72
 

Sellers (Offers)

Price($) Vol. No.
$2.73 26182 1
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