Ann: Market Guidance, page-9

G'day all. A bumpy ride for SND for the next month or so and you get that with such an forthright guidance release. The board have usually been very real in their market releases and at least it allows investors the opportunity to complete due diligence with a fair chunk of confidence (that is one factor why I'm in). Yep SND need to revisit their client book and push to build a broader base and I reckon that there is some serious opportunities in the transition from refining petroleum products, in Australia, to direct import / distribution. The retrofitting / conversion of various fuel company assets in Australia from refining to import/storage etc has real potential including the ongoing maintenance which has a good margin in it as SND uses very few sub contractors - most of their expertise is in-house. Also they do hold good cash on their books and very little (if any) debt. As always just my opinion from my research. Cheers all and enjoying this thread - keep em coming.. WTF