I don’t set price goals, just have an expectation of the management of the company, the sector they are in and if there is a need for their business. And it’s profitability.. There is many a slip text the cup and the lip, meaning that anything could upset their apple cart. But with the cyclones in Miami in the US and the floods in Oz, the only things I can think of would be a lack of supplies to enable repairs, and the actual staff availability in JLG to carry out the repairs. Access to the disaster areas is also going to be a problem which, if these floods keep going, while they MAY have work in hand, they may not be actually able to do the work, get paid and book a profit. We can only invest in what we think is a quality company and hope that thru their expertise and owner interest and business in hand, profits will be had and dividends in the form of dividends and capital appreciation will come our way.
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