JLG 1.37% $5.75 johns lyng group limited

Ann: JLG Appointed to Lead Victorian Storm Damage Recovery, page-3

  1. 10,565 Posts.
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    True, but also a huge credit to JLG because governments (which muck up many things in which they're involved - Victoria's handling of coronavirus has been the worst in Australia,way below competent and freedom loving economically and socially Gladys B in NSW) try to ensure they have competent entities or contractors running such important programs.

    There will be many challenges, of which despite the comment about '6000' one suspects obtaining sufficient qualified tradesmen may be one, and access problems to individual household and other sites another. For instance there are many fallen eucalypts: the timber may have value, especially given lots of these wonderful trees were large and there's a shortage of timber in Australia given ongoing Federal Coalition Government support for those wanting to purchase or build their first home.

    The great aspect of a contract like this is not just that it's potentially ongoing as JLG mentions, but it's another 'feather in the cap' that JLG can refer to when it's pitching for work say in a cyclone-damaged Queensland coastal area, or a NSW region that has severe flooding.

    A virtuous circle provided BRV is happy with the standard of work JLG and its staff/contractors perform.

    With cladding rectification another focus of JLG, senior management and below would be extremely busy.






 
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