i suggest that u carry out some basic research to realize that this stock has gone frome a mkt cap of less than$10m to about $72m with about 167m shares on issue backed by a global brand name in Caterpillar
further it had to digest the following: slow down post 2000 olympics(for 2yrs) a write off in profits of about $1.5m-$2m(re HIH disaster) cap raisings to upgrade fleet and reduce subhire exp total mgmt reconstruction and business stategy and focus going fwd recapture lost mkt share &win new business staff and branch reductions
'B' whilst nhr might be viewed as coming off a low base the turnaround is significant and prudent for the long term given the projects to come on stream within the infrastructure enviroment,complimenting the fundamental and tech analysis
NHR Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
