share price set to explode
the 2004/2005 financials are due out shortly.
the market depth,chart and performances handed in by other companies associated with the hire and resources sector,forward outlook of a number of infrastructure projects in the pipeline and pick up in non residential spending @9.6%
this all goes well for the future and with nearly some $31m cash in the bank this puts NHR in a great leverage position to excelerate growth at the right time and with an experienced management team backed by a global brand name in CATERPILLAR
all they need now is to pick up either ah plant hire or kennards hire at the right price
given the financial pressures that nlx are experiencing, past associated interests of some nlx and nhr diectors,it's a likely chance that ownership of ah plant 'just might'... repeat... 'just might' be sold to nhr and should keep the accc happy
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
