SGF 1.85% $3.31 sg fleet group limited

Reckon my post of 5pm last nite was spot on the money:...

  1. 10,372 Posts.
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    Reckon my post of 5pm last nite was spot on the money:

    "Seriously, I have no interest in buying SGF, even at these levels.

    The whole sector is now over-crowded with margins being chopped like never before - to wit the degree to which MMS had to cut pricing (and huge impact on their bottom line) to maintain being on the panel for the Qld Government.

    I expect the whole sector to be under pricing pressure for some time into the future, and I would not rule out further consolidation of the players."
 
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1 3055 $3.31
 

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$3.34 6993 2
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