FBU fletcher building limited

one for flatbloater ?

  1. 23,919 Posts.
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    FBU

    From a broker note

    - Similar to last year stock came off around this time

    - ‘Worse than expected’ conditions in Australia

    - 6-7% below the market on next years earnings, it is also priced at a full multiple of 18x FY15. Historical range is 12x – 18x so is sitting at the upper end

    - 3 streams of earnings come to halt next year, Canterbury Home Repair Programe in Dec 14, Sale of Pacific Stgeel to Bluescope in June 14, and Completion of Stonefields subdivision by end FY15

    - Good shorting opportunity can see $8.00 short term
 
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(20min delay)
Last
$3.00
Change
0.050(1.69%)
Mkt cap ! $3.224B
Open High Low Value Volume
$2.97 $3.04 $2.96 $4.029M 1.346M

Buyers (Bids)

No. Vol. Price($)
1 4305 $2.99
 

Sellers (Offers)

Price($) Vol. No.
$3.00 4361 1
View Market Depth
Last trade - 16.10pm 17/06/2025 (20 minute delay) ?
FBU (ASX) Chart
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