FWD 3.50% $1.63 fleetwood limited

FWD - turnaround, page-3

  1. 2,789 Posts.
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    I guess not being "a sexy stock" might be where the opportunity lies. I see the company as both a growth stock as well as a value play. Both state and federal gov'ts are likely to accelerate programs in order to restart the economy as lockdown restrictions are eased. I'm pretty sure the company is now one of, if not the largest, modular construction business in Australia so long term relationships with government clients provide great exposure to previously announced major spend in education, corrections and affordable housing (which might benefit the Building Solutions division). Tendering appears to have been at high levels around the time of the recent FY result. A lot of work appears to have been done to clean up the overall business and improve its overall growth prospects. Trades on very low volume which makes me think this could be one that slipped under the radar as you alluded to as well – for now at least! Buying into any further weakness could pay dividends for investors (as opposed to traders) – both literally and figuratively.
 
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Last
$1.63
Change
0.055(3.50%)
Mkt cap ! $153.6M
Open High Low Value Volume
$1.59 $1.63 $1.59 $28.48K 17.79K

Buyers (Bids)

No. Vol. Price($)
4 18395 $1.61
 

Sellers (Offers)

Price($) Vol. No.
$1.63 1100 1
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Last trade - 13.58pm 30/04/2024 (20 minute delay) ?
Last
$1.63
  Change
0.055 ( 3.03 %)
Open High Low Volume
$1.60 $1.63 $1.60 8909
Last updated 14.14pm 30/04/2024 ?
FWD (ASX) Chart
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