recent price movement for the past week has broken all recent resistence levels
previously pretty much traded like a flat line but stock price now entering new territory suggesting a serious turnaround is affoot which is akin to co changes
the recent change in co secretary is also good and might help set this co on the path to greater riches
the hire sector is in need of some deregulation (because there are too many smaller players)and with the help of stokes & private co's that have the 'caterpillar brand name' this all goes well for the future
currently kennards hire advertise on the renovation/buiding shows on seven network and nhr stays with the packer clan nine network
next year i'm 'tipping' (but could be wrong)that we will see the 'CAT RENTAL STORE' brand name from 4/04 being pushed on both networks(as common business sense would say that you don't help advertise an opposition product like kennards hire)and this will just happen to coincide with when the ratings period just commenced and when k.stokes can start dealing in cat products in act and nsw
what else.. well maybe 'ah plant hire business from arl/nlx will come on board sometime in 2004 that will give 'NATIONAL HIRE GROUP LTD' (NHR)the extra fleet capacity to satisfy the huge demand that's out there in the mkt place by govts and mums and dads doing renovations re the housing boom we've just experienced and watching ch7 & ch9
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held