Fleetwood going for a song

Intelligent Investor

Independent Financial Research

Fleetwood going for a song. When we recommended you AVOID Fleetwood on 17 December 2012, the market was expecting Fleetwood's future to resemble a past that had been built on a once in a century mining boom. All that has changed - and so, of course, has the share price, which is now down 75% since then and more than 80% since its peak. Since we upgraded the stock to SPECULATIVE BUY on 27 March 2014 when it was trading at $2.54, it has fallen a further 10%. It may not be the Siren's call, but Fleetwood is now going for a song. (VIEW LINK)

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Intelligent Investor
Independent Financial Research

Intelligent Investor is an independent financial research service with a 14-year history of beating the market. Our value investing approach empowers Australians to make more informed decisions to build their long-term wealth. We off structural...


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