old peter lynch book:
"searching for stocks is like turning over rocks" ........
for this one:
1. the old sites that used to manufacturer envelopes .........melb / brassy / 1 other .......all prime resi development sites .........
2. margins - hope what Auto says is somewhere near the mark ......
3. get the capital out of the buss - which inc's the ROA ........
one has to remember that the "historical" stated gross opp margin was before GG&A ........which (imho) used to be horrendous ........
rgds
V_H
Ann: Appendix 4D & Interim Financial Report 31 December 2017, page-42
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