When the images emerge from the media of devastating property damage following a cyclone, they always make the situation look worse than it is, that's their job i guess. Footage showing journalists thigh deep in flooded streets don't reveal that they are on their knees. I used to hold Suncorp shares for decades and noticed that their SP nearly always took a dip as soon as the media images appeared, only to bounce back a month later when the market realised that insurance is their business and these contingencies are factored in. The reverse should be true for JLG. Let's see if this does anything to their SP. Currently up here in Townsville not a leaf is moving and the usual cacophony of birds is eerily quiet. The company staff are saying "Thank God for flexihoses" which cause the flooding of homes on a far too regular basis.
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