Wow!!!!!! the leverage opportunities that $30 MILLION+ can provide are endless!
theres no point having this cash sit in bank earning out a pidly 1-2 m whilst small to large hire mkt compnies are purchased assisting with incresing sales rev of the purchaser
only god knows what the hell they(mgmt) are waiting for as its quite clear we are all not headed for a crash but rather a easing from the highs experienced in the last 12 mths
from memory i think this asx 300 stock(nhr) now has over 40 branches australia wide
add a cash and scrip offer for say something like a kennards operation or pick up some other operation with existing exstensive branch network (ie. ah plant hire) to help further rollout the cat rental brand and offer to DYI,tradies and govt would quite possibly see mkt share move to approx near 10% hire mkt
just a pitty they were pipped at the post in not getting western access like i've been long calling for
as the rationalisation slowly rolls on the there will be slim pickings so in my opinion its either now or never and if the hard decisions aren't made for the future eps then most likely a high priced will be paid
as one of my bosses use to say 'everyones got justify there postion' NHR board and mgmt, it's now time to open up your wallett and let the moths out for all concerned!
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
