Poised For Breakout on Positive Results, page-16

Negatives - Last set of numbers significantly weaker
- Property in eastern states will eventually come off boil and demand could come off
Positives - wip increasing should equate to improved figures
- expect a slow turnaround for states not on east coast
- priced on a low pe
I have been looking at this one for a while and although obviously cheap, trying to work out what will trigger a price rise in sp
Working for a trade focussed Building supply company in Victoria, i can confirm that the building industry appears buoyant in Victoria, with perhaps the only hurdle for AVJ being the amount of competition in the market which can squeeze margins, however i like the locations of most of their projects moving forward, so AVJ should be well placed even if the market slows a little.
May buy in if gets back to 60 cents.

Christopher