the next bolt on acquisition by nhr, page-4

Builders Building but Buyers Not Buying

Signs of an ACT Housing Recovery Continue

North Qld Building Approvals Still Running Strongly

WA Housing Boom Persists

more info see HIA site 2/1/06 on the good building approval numbers across Australia

add into the equation forthcoming infrastructure projects to come on stream and possible acquisitions as flagged by the company,means that companies like NHR look like being kept busy over the next few years translating into increased eps, then its little or no surprise that the share price has now started to head north

if coa possibly falls over or gets a credit squeeze from lenders then nhr could be in the favourable oppportunistic position of really excellarating growth via bidding for some eps accreative non residential /sector operations in the market place backed by the experience of the westrac/caterpillar team