SNL 2.61% $29.80 supply network limited

The Directors' prediction was met.Another excellent...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 10,764 Posts.
    lightbulb Created with Sketch. 1421
    The Directors' prediction was met.

    Another excellent performance.

    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.


    Last edited by Hopeful9: 01/02/24
 
watchlist Created with Sketch. Add SNL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.