WYL 0.00% $1.67 wattyl limited

Is the long awaited housing start recovery going to be stronger...

  1. 151 Posts.
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    Is the long awaited housing start recovery going to be stronger than expected? Who knows, but the guys at the HIA (Housing Industry Association) have just revised their 2010/11 financial year starts forecast up to 162 thousand. Note that the last Wattyl Investor preso was quoting a HIA forecast of 142 thousand. The new HIA numbers are now in agreement with the strong recovery predicted by BIS schrapnel.
    Interesting to see the Wattyl price slipping earlier this week despite these new forecasts.
    The new boss looks to have arrived just at the right time - hopefully he can make a few more hard decisions before basking in the glory of a recovery.
    The brand refresh is continueing - new Wattyl Weatherguard range is showing on their website.



 
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