Two Directors at Fletcher Building Limited bought/maiden bought 80,000 shares at between 2.613AUD and 2.750AUD. The significance rating of the trade was 61/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the compa...
Moody's Ratings (Moody's) has affirmed the Baa3 issuer rating and (P)Baa3 senior unsecured medium-term note (MTN) program rating of Fletcher Building Ltd (Fletcher) and changed the outlook to stable from negative. IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAI...
Summary CSR Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights CSR Ltd (CSR) is a manufacturer and supplier of building products. Its portfolio of products includes fibre cement, insulation, plasterboards, ventilation, bricks, roof tiles, pavers, glass, and concrete produc...
Moody's Ratings (Moody's) has downgraded the issuer rating of Fletcher Building Ltd (Fletcher) to Baa3 from Baa2 and the senior unsecured medium-term note (MTN) program rating to (P)Baa3 from (P)Baa2, with a negative outlook. Previously, all ratings were on review for downgrade. IMPORTANT NOTICE: ...
Moody's Investors Service (Moody's) has today placed the Baa2 issuer rating and (P)Baa2 senior unsecured medium-term note (MTN) program rating of Fletcher Building Ltd on review for downgrade. Previously, the outlook was stable. IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED F...
Moody's Investors Service has assigned a (P)Baa2 senior unsecured rating to Fletcher Building Ltd's Medium Term Notes Program. At the same time, Moody's has assigned a Baa2 rating to the proposed senior unsecured bond issuance under the program. The outlook is stable. IMPORTANT NOTICE: MOODY'S RAT...
Moody's Investors Service has assigned a Baa2 issuer rating to Fletcher Building Ltd. The outlook is stable. IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. SUCH USE WOULD BE RECKLESS AND INAPPROPRIATE. SEE FULL DISCLAIMERS BELOW. RATINGS RATIONAL...
FLETCHER BUILDING (AU), a company active in the Building Materials & Fixtures industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of ...
The general evaluation of FLETCHER BUILDING (NZ), a company active in the Building Materials & Fixtures industry, has been upgraded by the independent financial analyst theScreener with the addition of a star. Its fundamental valuation now shows 4 out of 4 possible stars while its market behaviour can be considered as defensive. theScreener believes that the additional star(s) merits the upgrade of its general evaluation to Positive. As of the analysis date December 14, 2021, the closing price w...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
We retain our fair value estimate of NZD 6.70/AUD 6.50 per share for no-moat Fletcher, following a transfer to another analyst. Expectations for Fletcher are largely unchanged. Shares continue to screen as cheap, trading at about 24% discount to fair value. We continue to expect the top line to grow at a 10-year CAGR of 0.5%, with the divestment of Roof Tile Group (RTG) and Formica Business contributing to the flat top line. We expect EBIT margins to rise to a midcycle level of just over 7.4%, e...
We retain our fair value estimate of NZD 6.70/AUD 6.50 per share for no-moat Fletcher, following a transfer to another analyst. Expectations for Fletcher are largely unchanged. Shares continue to screen as cheap, trading at about 24% discount to fair value. We continue to expect the top line to grow at a 10-year CAGR of 0.5%, with the divestment of Roof Tile Group (RTG) and Formica Business contributing to the flat top line. We expect EBIT margins to rise to a midcycle level of just over 7.4%, e...
We retain our fair value estimate of NZD 6.70/AUD 6.50 per share for no-moat Fletcher, following a transfer to another analyst. Expectations for Fletcher are largely unchanged. Shares continue to screen as cheap, trading at about 24% discount to fair value. We continue to expect the top line to grow at a 10-year CAGR of 0.5%, with the divestment of Roof Tile Group (RTG) and Formica Business contributing to the flat top line. We expect EBIT margins to rise to a midcycle level of just over 7.4%, e...
We retain our fair value estimate of NZD 6.70/AUD 6.50 per share for no-moat Fletcher, following a transfer to another analyst. Expectations for Fletcher are largely unchanged. Shares continue to screen as cheap, trading at about 24% discount to fair value. We continue to expect the top line to grow at a 10-year CAGR of 0.5%, with the divestment of Roof Tile Group (RTG) and Formica Business contributing to the flat top line. We expect EBIT margins to rise to a midcycle level of just over 7.4%, e...
We retain our fair value estimate of NZD 6.70/AUD 6.50 per share for no-moat Fletcher, following a transfer to another analyst. Expectations for Fletcher are largely unchanged. Shares continue to screen as cheap, trading at about 24% discount to fair value. We continue to expect the top line to grow at a 10-year CAGR of 0.5%, with the divestment of Roof Tile Group (RTG) and Formica Business contributing to the flat top line. We expect EBIT margins to rise to a midcycle level of just over 7.4%, e...
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