FBU is a NZ based manufacturer and seller of building products such as cement, plasterboard and lumber. From a valuation perspective the stock is cheaper than the Australian names but the dividend yield is not as attractive, we like FBU but the risk / reward looks more appealing under $6.
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Buy Hold Sell: The best and worst performers of FY25
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is bullish FBU.
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