Boom don't do residential tower cranes so totally different market. I totally agree for the residental side things are about as good as it gets.
But for boom their assets are on mining, windfarm and infrastructure works which are all still ramping up work!
Plus most of booms competition went bust or close to over last 5 years so less competition in their space. I reckon they could have years or demand from a tight msrket plus huge government spending on infrastructure all very the place plus mining companies all indicating increasing works over next few years after 5+ of next to nothing
Boom could be right business at the right time!
Looking forward to getting their next update. Anyone know when this is likely? Agm maybe?
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Boom don't do residential tower cranes so totally different...
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