
Pipe nightmare: Fletcher Building shares expected to fall
The company's pipe business has turned into a nightmare.
The company's pipe business has turned into a nightmare.
Doing 'repipes' on 11,817 homes for around A$60,000 each - BGC arrives at a big bill.
Most of the talk in the market was around Fletcher Building.
"We believe this is an Australia-wide issue and that WA is simply the tip of the iceberg."
From Monday this week, Safari began operating the hotel under its franchise arrangement.
A $335,000 debt has sparked court action and a bankruptcy application.
CEO says the costly Convention Centre project is officially unprofitable.
Fletcher Building chief executive Ross Taylor saw his pay drop 43 per cent.
Synlait and a2 Milk also took a hit on weaker dairy prices.
Major companies begin revealing their finances from today.
National is a fan of PPPs and has big plans for new ones if it gets elected.
The company, which reports its result next week, is sticking with its guidance.
One biotech stock fell more than 80 per cent, but Fletcher and Ryman are back on top.
Inflation irritations linger but Bitcoin surges.
Fletcher Building’s house sales would also be below its previous target.
Will it finally crack the tonne and build 1000 new homes annually here?
'The fear is that they’ll throw everything out.'
Target business caters specifically for the needs of urban development.
Fletcher Building’s 94 per cent share of NZ's wallboard market is often cited on topic.
National won't say if it still plans to tunnel under the Brynderwyns.
Name anything you see happening on a building site and those supplying stuff are on list.
Investors may have to mull "worst-case scenario" in leaky pipe issue.
Up to 1200 West Australia homes 'experienced leaks', probe underway by authority.
The country’s most powerful bosses have cashed in on the pre-Covid bull market.
Dyspeptic responses as investors digest fallout from Silicon Valley Bank collapse.
'There’s also the potential of no payout if Fletcher can defend it robustly.'
Overseas Investment Office consent was needed by Fletcher Residential.
Rebuild unlikely to have a big impact on reversing the slowdown in residential building.
Fletcher boss explains 46% profit drop and Ryman boss fronts up on $900m capital raise.