REH 2.78% $24.38 reece limited

REH moat, page-156

  1. 2,589 Posts.
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    I think many, including @crazypunter, forget that REH's phenomenal performance is all about its competitive advantage, not about the mismanagement of its competitors.

    When you have so much market share, and a huge competitive advantage, what your competitors do is only ever likely to be of marginal significance.
    Last edited by MarsC: 16/04/18
 
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