Around 40% of Capral's business is exposed to residential construction. Australia certainly needs more houses but I agree its doubtful how quickly they can be built. They have guided for NPAT of 23-27m this full year which allows for softness in residential.
Interesting they have purchased another small distributor as they move ahead with building a network.
I have been buying more shares on the recent drop. This is largely a commoditised type business but it appears to me to now be well managed and durable through the cycles.
Around 40% of Capral's business is exposed to residential...
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$8.51 |
Change
-0.020(0.23%) |
Mkt cap ! $148.4M | |||
| Open | High | Low | Value | Volume |
| $8.50 | $8.56 | $8.48 | $141.5K | 16.63K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 74 | $8.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.51 | 2754 | 1 |
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