ANALYSIS: The good, the bad, and the ugly of what happened this year.
With a large drop in annual net profit amid an escalation of losses from a number of major construction projects, Fletcher Building's AGM will be anything but a snooze.
The tech company has hit many speed bumps since first trading on the stock exchange at $3.32 in August 2014.
The issue under the spotlight here is how much KiwiSaver managers are being paid to look after nest-eggs.
Shoeshine: Like the boy who cried wolf, Fletcher has assured the market it has come clean on everything too many times now.
Shoeshine: Vector's regular complaints against the impact of the Commerce Commission's restraints could be viewed as a ritual performance.
Shoeshine: Cavalier keeps saying better times are ahead, but are they really?
Shoeshine: Strange behaviour by the Reserve Bank.
“Decisive” isn't a word Shoeshine would use to describe Sir Ralph Norris' obvious reluctance to hold Mark Adamson or himself accountable.
Cutting losses is never easy because it means directors and managers have to stand up and admit they made a mistake.