SRH 0.00% 4.1¢ saferoads holdings limited

News: SRH Saferoads Holdings Now Forecasting That Total Revenue For FY2019 Is Likely To Be At..., page-3

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    Why buc?
    The annual report showed they're very much long term focused, eg. their new rental HQ at Nar Nar Goon 'with ease and proximity to the freeway and a yard that allows for quite straight forward loading and unloading operations' and rental growth of 'an exceptional 80% on the prior year.' This has been achieved while keeping debt at a very manageable level.

    Combined with more regulatory approvals in US states, the outlook seems fine to me. Just patience required - I'm sure all their hard work and restructuring will ultimately pay off. Our directors seem confident too, given their ongoing on-market purchases.

    I'm planning to attend the AGM later this month - I'll post my impressions here.
 
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