HTL is well managed and is well positioned in today's market. Its segments including Occupational Hygiene, Geotech & Construction Materials, Software, and Food & Environmental.
Regulatory change impacted its business in FY19 but it consolidated its business and built up a base for strong growth. looking back on it, it was a 'good impact' happened then rather than now. (FAD disapproval of EXL is an example) - so better to stay away from that business and open up high-margin, scalable lab service, which was just HRL did since then. HRL face strong demend from increased consumer scrutiny of food safety and environmental pollution and sustainable agricultural practices, HRL is poised to continue its growth trajectory. on top of that, Greg Klimister, who has rich industry experience, was appointed as ALS MD. I have increased my position and I expected it will reach $0.15 as a first step.
HRL Price at posting:
9.7¢ Sentiment: Buy Disclosure: Held
