Expecting another poor trading update in the next few weeks, citing bad weather, energy costs, supply chain costs, subdue pricing growth and restructuring costs. I anticipate FY23 will be challenging - continued weather impacts, interest rates, inflation, ABCC powers reduced, poor conversions on major projects. Vik Bansal will need a number of tailwinds to turn transform BLD outlook. Best wishes to all long term holders - I expect 2-3 years before recovery.
BLD Price at posting:
$2.77 Sentiment: Sell Disclosure: Not Held
