I don't think labor will be an issue going forward. The hardest patch of Labor for JLG has been the last 2 years. They were struggling to get trades as there was so many new house builds and the contractors were getting paid far higher than what they would through JLG. Not to mention that the payments made by JLG are a number of months from completion- this hinders the cashflow of the smaller operators who have to pay the staff and materials upfront. With the new builds slowing and builders caving in; i don't see labor being an issue for JLG moving forward. They have a large amount of work that has been building over the last 2 years and the recent floods and weather of 2022 will only add to that list.
Ann: Investor Presentation, page-19
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Last
$5.70 |
Change
0.080(1.42%) |
Mkt cap ! $1.585B | |||
| Open | High | Low | Value | Volume |
| $5.65 | $5.76 | $5.63 | $4.632M | 811.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 286 | $5.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.71 | 4508 | 2 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| JLG (ASX) Chart |