Metro Performance Glass tries to escape the 'penny dreadful' zone

Metro Performance Glass tries to escape the 'penny dreadful' zone
If Simon Bennett is concerned about government changes to insulation standards, he isn't showing it. (Image: Dileepa Fonseka/BusinessDesk)
Dileepa Fonseka
Metro Performance Glass sees its mission as getting its share price above “penny dreadful”, but the company’s leadership acknowledges regulatory changes around insulation and a slow pick-up in new home construction are a risk to those plans.At the Metro annual general meeting on Thursday, independent chair Shawn Beck put the company’s goal of becoming a desirable listed equity investment, front and centre in his speech to shareholders.“Getting Metro over the next couple of years into a healthy listed company with a...

More Property

New funding agency to 'supercharge' social housing
Finance

New funding agency to 'supercharge' social housing

The Community Housing Funding Agency wants to address a $14 billion problem.

Oliver Lewis 25 Nov 2024
BTR rents down in soft market
Property

BTR rents down in soft market

Kiwi Property has filled just half of its flagship build-to-rent development so far.

Maria Slade 25 Nov 2024
Crunch time for Du Val founders
Property

Crunch time for Du Val founders

A tearful Charlotte Clarke details the pressure of personal receivership.  

Garth Bray 25 Nov 2024
'Get rid of wholesale investor certificates'
Property

'Get rid of wholesale investor certificates'

Certifying people puts too much risk back on accountants, industry body says.

Maria Slade 25 Nov 2024