hey stayer - the market seems unimpressed, that's for sure!
They probably need to deliver a profit for people to take notice. Could take a while, given the nature of their business and customer base. And the weather, as you say.
I'm prepared to be patient. I don't see much danger of them going bust any time soon. They've stabilised the business (impressively imo) - slashed the debt, stemmed the cash flow bleeding from operations.
I'd love an announcement that they've managed to offload their existing rental barrier assets, hopefully for a decent fraction of their book value (50%+ would be great!). That would just about complete their transition to the ironman hybrid and their other good products.
We can't expect significant profits from their new international liaisons instantly - these things usually take a while to develop.
It'd be nice to see directors mopping up the small sales at current levels. I've been doing my bit - picked up a few more lately.
- Forums
- ASX - By Stock
- SRH
- Ann: Half Yearly Report and Accounts
Ann: Half Yearly Report and Accounts, page-8
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SRH (ASX) to my watchlist
(20min delay)
|
|||||
Last
4.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.791M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
SRH (ASX) Chart |
Day chart unavailable