Cat always have a delivery time of at least 12 months on large orders of equipment. The dealers will have stock on hand but they're not going to have 30 x 793F's lieing around.
I'm really bullish on all of these mining services stocks for the next couple of years at least and agree that companies like Macmahons, Downer, Thiess and NRW will benefit from increased CAPEX to keep up with demand from China.
$2 price target, page-7
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Last
$3.58 |
Change
0.020(0.56%) |
Mkt cap ! $1.629B | |||
| Open | High | Low | Value | Volume |
| $3.58 | $3.62 | $3.53 | $4.253M | 1.187M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 489 | $3.56 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.58 | 15042 | 4 |
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| Last trade - 16.10pm 30/09/2024 (20 minute delay) ? |
| NWH (ASX) Chart |