Being involved in commercial construction I wouldn't say that the boom we are currently in is going to end as soon as some would think. Major gov infurstructure works, roads, bridges, hospitals all require post tensioning. Not to mention massive expansion plans for distribution facilities around Australia. I belieive that we are only half way through this current cycle and I would not be suprised if there isn't another 5 good years in it yet. As for labour cost's well if STS's labour costs are going up well you can bet that its across the board. Recipricol with competitors on tender lists. Just my own ramblings so don't take it as gospel. I've been in since a buck and would love to see it hit 5.
Good luck
STS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
