Some Clues from Mainfreight Ltd (MFT) from yesterdays AGM presso.
- Building new 34,108 sqm Hazardous Facility - all classes on city Fringe Auckland, NZ
A nod to the recent DGL aquistision of Australian Petro Chemical Storage, the title of this thread.
- Completed a new 55,000 sqm Sydney warehouse in Moorebank which is temp controlled / hazardous goods capable.
Which stated " 70% utlized with more inquiry than we can handle"
Obvious read thru to DGL.
- Current Trading Environment (15 Weeks: 1 April - 14 July 2024) AU revenue +17.5% and profit before tax + 7%. With "satisfactory growth across Australia.."
Obvious read thru to DGL.
- Good momentum in Australia – expect Australia to become our biggest profit earner.
Obvious read thru to DGL.
DGL: Easiest near term double on the ASX currently imo.
GLTA.
Ann: Acquisition of Australian Petro Chemical Storage, page-313
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Mkt cap ! $169.7M | |||
| Open | High | Low | Value | Volume |
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