I am surprised that no one has commented on the audio recording personally I thought it was excellent and gave a great insight into the business now and into the future.
Just to mention a some. " Forecasting a very very strong year in FY23." NSW business has been lagging but that's changing It has a range of products and a geographical footprint across Australia. It's an engineering solutions based business and the number of engineers has gone up to 36. Record pipeline of work in front. Number of contracts for a fair weather indicator gives transparency for the next 6 months and up to 12 months and we are off to a cracking start. All the same equipment used is the same in different applications. Contracts go for a long time and provide an annuity of income. Infrastructure spending is go to keep growing. The jump form business offers a great growth opportunity given that the market size is about 200 - 300 million.
What's not to like.
DYOR
ACF Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)