one of the largest building booms in Oz's history .......
so perhaps another 12-18 months before "rock bottom"........
inc in gas costs.
the +ve's:
extremely strong domestic market share
relatively unstressed bal sheet
the -ve's
inc in costs, implies margin pressures to continue
cut the divvy - expecting further weakness in dom demand
as Madamanswer pointed out - fixed cost buss .......
what can be ripped out of the cost base ?
low $3's is where my interest is piked !
rgds
V_H
ABC Price at posting:
$3.54 Sentiment: Hold Disclosure: Not Held
