Ann: Half Year Results Announcement, page-31

Agree, provided as always LAU keeps its eye on the ball and doesn't get distracted by sideshows.

You'd think there'll be many corporate failures, mostly of unlisted companies for the simple reason there's far more of those than ASX-listed ones. Recessions historically quickly sort wheat from chaff as Catholics like me know Jesus said in relation not to companies, but to us. We cannot have corporate 'booms' if there aren't also 'busts' as if so, the word 'boom' would have little meaning as it'd be close to normality.

I'd love to be a fly on the wall reading all the emails and text enquiries LAU must be receiving, plus telephone calls. Likely to be 'run off their feet'.

I don't know if margins will 'compress': if there's less supply of trucks (and rail containers) but also a drop in consumer demand, it may depend upon which is greater. I am no expert!