Australia's largest stock trading and investment forum Australia's #1 stock forum

SRH

Click for more information

0.00%

4.1¢ saferoads holdings limited

Notwithstanding our long-term rosy outlook for Saferoads, I...

First 4 Last

Share
Profile

Follow
Rothbard

971 Posts.

274

03/12/21

10:32

Post #: 58045891
Share

Originally posted by tessathedog: ↑

Tessa attended the AGM webinar. Notwithstanding the present stalling of profits, she was encouraged. The big pieces of news were a hint that after NSW will come South East Queensland, and that a partnership with a US distributor is more developed than Tessa had understood it to be. There were negatives too, but we were already aware of them, they seem temporary in nature, and should alleviate progressively relative to the pandemic. As always, the company seems really well poised. One can easily imagine a future, perhaps five years down the track, where Road Safety Rentals is thrIving along the East coast, and high margin HV2 barriers are being exported to a score of US states. It seems very achievable, but of course, it has to be realised. I’m quietly confident we will eventually get there, and there are brighter days ahead. Potentially very bright indeed.

Expand

Notwithstanding our long-term rosy outlook for Saferoads, I think my 40c target by year's end, let alone my 50c+ prediction, could be a touch on the wildly optimistic side of the spectrum with just four weeks to go.

SRH Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

PFE

Pantera begins drilling of maiden test well at Smackover

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

QHL

Aerospace smallcap Quickstep Holdings jumps nearly 100% after 40cps takeover offer

C29

C29 Metals wins Kazakhstani uranium drill run green tick, Kazatomprom talks mature

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

First 4 Last

Add SRH (ASX) to my watchlist