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Fierce competition, low barriers to entry, and commoditised products will hamper Fletcher Building’s [NZX: FBU] prospects in the year ahead. This is the view of Morningstar analyst Tim Mann who rates the stock “reduce”.
He says competitive factors impede the company’s ability to build
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Chris Hutching for NBR NZ Property Investor
Thu, 12 Jun 2014
Thu, 12 Jun 2014
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Competition hampers Fletcher outlook
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