Nice infrastructure investment write up, if only SRH had the product portfolio they once had, maybe they could capitalised on this!
I have looked at other listed companies who specialise in this sector, (e.g. TTI); none look like a good investment IMHO, reduced T/O, little profit or losses and high levels of debt etc.
Personally I think SRH are a lame dog only being kept open by the bank whilst they can service the interest payments on their debts, the banks would take too big a hit if they called in the receivers, I think there must be a few very worried bank employees in Warragul area at the moment.
Perhaps SRH and TTI should think about merging to survive.
SRH Price at posting:
9.6¢ Sentiment: Sell Disclosure: Not Held