Australia's largest stock trading and investment forum Australia's #1 stock forum

BLD

Click for more information

0.83%

$6.10 boral limited.

CFMEU did black ban Boral, judge says He escaped blackmail...

First 2 Last

Share
Profile

Follow
Michaelirish

20,544 Posts.

79

01/06/18

17:52

Post #: 33441106
Share

Originally posted by NajafVisitor ↑

Boral has fallen into the $6-20s range. Only a few months ago it was always in the $7-50 range. It began falling in May. A variety of news stories have fed into this. The failure of the case against the CFMEU union. But that is not of much importance, IMO. Cases against people collapse all the time. Boral and the union members will tough it out and go on. They have to.

Of more concern are the doubts about the US investments. Perhaps they will not bring in good income. Boral has always had disappointments from its US arm. Also, the decline of the building boom in Australia. However, some say that while Aust will be spending less on apartment blocks, the public sector will be spending more on infrastructure.

So, I think it is about time to buy in. But perhaps it would be better to see if it hits the $5-90 range. But, one could buy now, and get some Boral shares.

Expand

CFMEU did black ban Boral, judge says

He escaped blackmail charges but notorious union leader John Setka was part of a CFMEU black ban against Boral, a Federal Court judge ruled.

BLD Price at posting: $6.25 Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

RC1

Firebrick Pharma launching retail Nasodine sales in Singapore

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

There are more pages in this discussion • 75 more messages in this thread...

First 2 Last

Add BLD (ASX) to my watchlist

SPONSORED BY