ABV 1.11% 8.9¢ advanced braking technology ltd

Ann: 2013 Annual Report , page-3

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  1. 1,025 Posts.
    I too reckon this is a good report Australis. Mr. Grey sure has the credentials to push the product into a very wide market. Good move by management to allow the balance sheet to slip into the red build up inventory, when the orders come in there is nothing worse to be kept waiting for a long time.
    I'd like to know which Queensland refuse company is using the brakes, if it's a firm like for say J.J Richards who have a large fleet this bodes well for the future and the short term at that.
    If you go back a few announcements you would have seen that buses will be the next type of vehicle ABV are looking at.
    One other thing that was mentioned in the report was about fitting the brakes to new vehicles of the factory floor which broadens the range of vehicles considerably.
 
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