SRH 0.00% 4.1¢ saferoads holdings limited

Ann: Half Yearly Report and Accounts, page-14

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  1. 159 Posts.
    its quiet, but that's the way I like 'em
    buy in when nobody is watching then wait
    clearly company is going places, having developed that innovative safety barrier that's easier and more cost effective to move around, and the entry into the overseas market also promising
    relocation costs have weighed down the results, without them the company would have turned a profit
    this is the type of company that can sustain itself during adverse market conditions and then surge
    like FarmPride, its in a completely different industry, but similar problems, market cap was around $5 million for years because of intense competition and oversupply, but that didn't prevent the company from fighting on and the share price going up 18 fold (!) when egg prices recovered, not even the ACCC court action could keep them down (because they won it)
    SRH is in a far better position, no court case hanging over head
    its a fighter
    bought in today
 
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