LAU 0.55% 91.0¢ lindsay australia limited

Thank you @madamswer.There are not many others on 'HC' who have...

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  1. 10,758 Posts.
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    Thank you @madamswer.

    There are not many others on 'HC' who have your ability to distil financial results, so I need to defer. 99 per cent of your posts are excellent and much appreciated.

    As you may gather, I am more of a generalist.

    From the earnings call, recovery in the horticultural space won't be instant. I need to ensure my wife buys bananas on trips to Melbourne's Victoria Market or local WOW/MTS' IGA stores as LAU is #1 carrier of these and so much other fresh produce in Australia.

    Despite some job losses in WA in mining (Mineral Resources is one example), overall the WA economy is doing quite well, so that's a positive for LAU as conveying freight by rail, principally ex Melbourne, is a major profit generator. Hopefully hardly any rail shutdowns this year.
    Last edited by Hopeful9: 22/08/24
 
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