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Bingo long term outlook, page-122

  1. George Stobart
    210 Posts.
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    07/06/19
    08:50
    Post #: 38952498
    In May 2019, Multi-unit dwelling building that was mentioned in the Bingo call as the reason for the weak guidance, seems to be improving or stabilising (Bingo is exposed to multi-units dwellings and not single houses).

    Also construction / infrastructure activity in Australia is also somewhat improving (this is Bingo's highest exposure during the last FY).

    https://cdn.aigroup.com.au/Economic_Indicators/PCI/2019/PCI_May_2019_47120p.pdf


    Last edited by George Stobart: 07/06/19
    BIN Price at posting: $1.82 Sentiment: Buy Disclosure: Held
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