No worries bud, i didnt mean to sound harsh or damning Im not...

No worries bud, i didnt mean to sound harsh or damning

Im not saying im 100% right but i feel that it will be a fair amount of time before they turnaround. They have been trying to move into the commercial realm as of late but havent been competitive.

Im from the commercial electrical sector and probably the smartest move they have made is buying Heyday5 see article below... https://thewest.com.au/business/scee-enters-east-coast-market-with-54m-heyday5-buy-ng-b88400154z. But it will only work if they retain the staff

Only proviso on this is that nearly ever listed company that has purchased a services company (Mech or Elec) it hasnt worked out well .... See Programmed , Heyday (the original one that went bust), AE Smith and many more....

The problem is that when you buy a services company you are not really buying a brand, there is a huge amount of relationship based client goodwill attached to the staff. Hence the urgent need to retain staff (which rarely happens for the long term post purchase)

I believe that there is more potential in the Heyday5 purchase than the traditional work of SCE and could be a game changer and help them diversify, i hope for holders they manage it well

I hope it works out for you and the other holders. For me ill look into other sectors with shorter term growth potential , this one is for the deep deep value investor