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Re: [sharechat] Fletcher Building


From: "Mark Hubbard" <mhubbard@es.co.nz>
Date: Thu, 23 Sep 1999 16:55:15 +1200


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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