Thanks for taking the time to explain your thoughts. I presume the gp margin came from the price rise which has been mentioned. I hadn’t noticed the increased marketing spend but it seems to correlate with the message that they are tendering hard on the east coast. Also should be beneficial at the bottom line once the costs associated with getting rid of Alex and stream lining Titan and power step are alleviated.
With regards to competition, they certainly seem aware of this (as of course they should be) but seem to be hopeful that the cheap competition will reach capacity as work ramps up. I wouldn’t want them to rely on that but I’m hopeful that comes to pass.
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Thanks for taking the time to explain your thoughts. I presume...
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8.890 | 81 | 1 |
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