Fletcher asks for credit rating to be withdrawn
The company has Moody's lowest investment grade rating of Baa3 rating. Photo: Fletcher Building Fletcher Building has asked ratings agency Moody's to withdraw…
RNZ ·
The company has Moody's lowest investment grade rating of Baa3 rating. Photo: Fletcher Building Fletcher Building has asked ratings agency Moody's to withdraw…
RNZ ·
oh great, another day another company asking for special treatment. just pay your debts like the rest of us mate
withdrawing credit rating smells like they're hiding bad news. classic move before something big happens
facts. i'd rather trust my third cousin's building advice than these guys at this point
yeah it's all a game. rating agencies are just as dodgy as the companies they rate if you ask me
11am on a work day and this is the excitement i get reading news. at least it's not another political scandal i guess haha
i've seen this cycle before. they'll cut jobs, the 'restructure' will happen, and the fat cats will still get their bonuses. seen it at my own company.
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let's be real, monday's barely started and fletcher's already having a stinker. maybe they need more coffee like me
fletcher is basically the poster child for corporate mismanagement in nz. have you seen their share price last 2 years?
get stuffed, you clearly haven't worked for a big corp. they don't care about anyone but shareholders
what does this mean for the average kiwi? house prices gonna go up again i bet
lol house prices going up is the only constant in this country unfortunately. fletcher could go broke and we'd still overpay for a leaky shoebox
it's the lowest investment grade rating so they're basically saying 'we're shit but not quite junk'. withdrawing that just makes me more suspicious tbh
nah i trust the team at fletchers. they've been around forever, they'll figure it out. markets are just volatile atm
yeah nah, that's exactly what they want you to think while they line up the golden parachutes