SRH 0.00% 4.1¢ saferoads holdings limited

Interesting to see SRH really finding some strong support here...

  1. 205 Posts.
    Interesting to see SRH really finding some strong support here with no sellers around and only buyers even after a poor profit result . Notwithstanding their numbers werent amazing and industry sales have dropped significantly - I think people are starting to realise that trading below book, with a strong balance sheet and at only 4-5 times earnings - there is a bit of a cushion when demand for their products improve.
    Can't worry too much about the industry issues when it trades at such a high earnings yield.
 
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