Thanks for sharing. I'm not a beginner but I found the video very enlightening - esp re:
1. Understanding the opportunity in industrial access - esp the far larger TAM, non-construction diversification, enormous inorganic growth opportunities (at max 4xebit)
2. High recent capex in formwork technology, and high ROIC yet to come, along with normalisation of the balance sheet
3. The tremendous ramp up in work opportunities to come over several years leading up to the Brisbane Olympics
A must watch if you hold ACF or are considering it.
Ann: Shares for Beginners Podcast Interview with Steven Boland, page-3
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