whilst no where near the size of coates hire ltd(COA),
'national hire group ltd'(NHR) recently annouced sales revenue for the first 4 months was up 7.4 per cent
at this pace full year sales revenue for year ended 04 might be up some 10 per cent
what both hire companies sales figures are indicating is that the property and infrastructure sectors continue to play an important role in the financial fortunes of the respective entities and that small rises in interest rates seem to be playing no part in the short term at least in holding back improved company performance that both shareholders and insto's are looking for
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held