BIN will be a good long term hold for sure. -It's good that BIN...

BIN will be a good long term hold for sure.
-It's good that BIN re-affirmed investors that the whole FY19 will remain flat, meaning there wont be any bad surprises in the annual report. There were a few numbers of recycling facilities that were offline for redevelopments in NSW and Vic. But in FY20 when all of the existing sites and new sites(Pantos Lane, Mortdale) comes online then earnings and efficiency will improve.
-WestMelbourne facility will commence operations in April 2019 will also be a major turning point in the long run.
Bingo current market share in Commercial & Industrial business –Bingo currently has ~4% market in NSW and less than 2% VIC. Therefore there is still a huge market share left to penetrate and grow.
Most importantly, Daniel tipped that he's also planning to penetrate into QLD market share and grow further throughout Australia in the next 12-24 months.