FPA fisher & paykel appliances holdings limited

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  1. 14,185 Posts.
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    You won't get much discussion here.

    For what it is worth imho it must currently be priced close to the value of the finance company. The gap possibly covered by the value as an importer/distributor in Aus/NZ.

    Seems to me the manufacturing, branding and technology in excess of debt is for free, but although I hold do I see it as a BUY? NO.

    Floods and earthquake has immaterial positives for FPA, perhaps more negatives but again not material imo.

    EL

 
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