FPA 0.00% $1.00 fisher & paykel appliances holdings limited

anyone hold this one?, page-23

  1. 187 Posts.
    I think I start seeing some encouraging signs for FPA:

    1. The interim banking loan indicates that financial institution(s) are not worried.
    2. Management is not rushing into things, so it is not a fight for survival. There is a systematic working through of the problem, see points 1 & 3.
    3. Reducing the working week and thus reducing operating costs.
    4. A NZ$, which has strengthened recently.
    5. A share price, which seems to have bottomed out.
 
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Currently unlisted public company.

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