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Re: [sharechat] Fletcher Building


From: Chris <CMR64@student.canterbury.ac.nz>
Date: Thu, 23 Sep 1999 17:15:27 +1200


But the forecast p/e for FLB is one of the lowest for shares of its kind
in Australasia.



Mark Hubbard wrote:
> 
> Admittedly I'm not a professional investor, but I have to say the extremely
> high P/E for all the Fletcher stocks worry me - I know this ratio must be
> interpreted carefully, still, it seems to myself that there is a lot better
> value to be had elsewhere in the market.
> 
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