Yes.
Totally agree with what you say.
I tend to look at every industry the same way, but forget that recurring revenue can't really be found in every sector.
Regarding Shape, we probably need more evidence that their margin has now bottomed.
According to Corelogic, there has been a stabilisation for the cost of construction, which should be a favourable element for the sector."The Q1 2024 national CCCI, which tracks the cost to build a typical new dwelling, recorded a 0.8% rise, on par with the increase seen over the December quarter last year.
This stabilisation in the quarterly trend saw the annual change in the CCCI ease to 2.8%, the smallest annual rise since the year to March 2007 (2.7%) and well below the pre-COVID decade average (4.0%)".
Yes.Totally agree with what you say.I tend to look at every...
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Last
$2.07 |
Change
0.000(0.00%) |
Mkt cap ! $173.6M | |||
| Open | High | Low | Value | Volume |
| $2.07 | $2.08 | $2.07 | $6.957K | 3.349K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 822 | $2.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.08 | 7500 | 1 |
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| Last trade - 12.29pm 06/05/2024 (20 minute delay) ? |
| SHA (ASX) Chart |