BOL 0.00% 14.0¢ boom logistics limited

BOL - Always underperforming

  1. 495 Posts.
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    I’m sorry for being very naive about BOL. I looked at it once 5 years ago & now just briefly looked at it again.

    I have no industry knowledge but I do understand numbers.

    Whilst BOL have tried over many years to make a profit, it seems for some reason the business model will never make a respectableis Return on Capital (ROC). My rule basic rule of thumb is a business needs to make 10% on its net assets or its not a good business.

    knowing this, why can’t BOL management start to seriously sell down a ,it of their Cranes and return capital to shareholders OR sell down cranes and redeploy capital in better hire/infrastructure businesses that can make a respectable ROC.

    So I guess my main question for industry insiders that know what a crane is worth, how realisable and what kind of dollars would BOL get if they sold their assets over say 1-3 years?

    thanks all and sorry for the long winded email.
 
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