Pleasingly for those of us who like to keep a secret, this company is rarely mentioned by analysts. Scrip turnover and MC are presumably way too tiny.
It is one of the better (or best) performing industrials on the ASX. One wishes there were more like it, even though 'wishing is good time wasted' as my mother always said.
That the median age of the Australian trucking fleet is high must help SNL, as it profits when vehicles' OEM warranties expire, typically after about four years IIRC.
Flooding and other weather that reduces agricultural production, as well as poor consumer confidence inhibiting spending and troubles at DP World's stevedoring sights may be minor hindrances but generally, this company should have a bright future.
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