what impact will the qld floods have on rql, page-8

Excellent observation hank, RQL has cemented a very important competitive advantage with their contract securing exclusive rights to the Turbo-Mist range of evaporator equipment.

RQL's other competitive advantage (over typical rental companies) lies in that they are a specialist solutions driven business that will design-construct-test-install-commision and maintain their unique equipment.

This differentiates them from typical rental businesses whose services lie solely in providing of the shelf equipment.

As well as having important competitive advantages RQL operates in an industry with enormous barriers to entry. This is what every investor wants. Qualitatively, aside from management, competitive advantages and barriers to entry are incredibly important to any company's long term success and we even have great management! Ask any former investor from PCH Group their opinion of Jamie Cullen and you'll likely be greeted with a big smile.

You ask for negatives and I have one in the form of a positive-negative. One of the big reasons for there being an enormous barrier to entry into this industry is the availability of skilled employees. This may limit RQL's ability to grow into the future although the company has shown great foresight by initiating an employee incentive scheme to keep the best talent at the company.

I hope that everyone will take on board firsttothetable's opinion that this is no short term trade. This is a company for the long term and right now is forming the cornerstone of my investment portfolio.

Best Wishes to all.