KLS kelsian group limited

Wow - not such a good outlook for Australia, though inevitably...

  1. 5,534 Posts.
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    Wow - not such a good outlook for Australia, though inevitably tourism promotion must receive a boost by whichever government is in these next years —

    With decreased immigration occurring ( while we absorb everyone that we have, targeting new immigrants more to urgent skills & education required where shortages in key workers and intelligence exist)
    And agriculture income variabillty with long and can be extreme cycles. (& terrible disasters as currently seeing in Qld, long drought cycles also)

    Plus big decreases in coal & energy royalties income for Australia -

    I thought with growing population and more tourism promotion which will be important- that KLS assets would be valuable.
    They’re selling now though.
    And bringing in the cash to reduce debts ?

    I think this is intelligent management though.
    They’re focused on transport provision etc- public transport & bus services increasingly important and their main business.
    Last edited by Aqua65: 02/04/25
 
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