REH 2.78% $24.38 reece limited

REH moat, page-158

  1. 3,607 Posts.
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    Madamanswer - I hadn't thought abt the direct market competitors (FBU etc) in exactly those therms - so thanks for those insights !!

    perhaps, even if WES buys fbu - it will actually create opportunity (market perception of big bad WES, versus "little" REH........) and potential for closuers ......

    I most enjoyed your comment re tradie that says "they have what I need, when I want it, and the price is ok" .........compare and contrast to sunny Bunnings (or M10) ........

    while I (personally) rekon we are in for a bit of a housing shock - this is a quality busss - with excellent rtns, so well worth putting on your watch list ......

    waiting patiently !

    rgds
    Value_Hunter
 
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