Hank, all rental businesses are capital intensive. You need to purchase new equipment to get growth, especially when your current assets are close to full utilisation like RQL. I remian a holder as if it is a drought, the pumping equipment is utilised for water transfer and if its a flood for dewatering. I think its fully valued here, but I hold hope for future growth in areas RQL hasn't been ative in.
valuation?, page-5
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