Yesterday's "The Call" segment on Auzbiz at the 24 min mark had a discussion on NRW Holdings. You can pull it up on the Auzbiz app ( which is free).
Both "experts" didn't rate the stock a buy.
The guy from Intelligent Investor canned the sector and whilst he thought NRW was well run suggested you were better putting your money elsewhere. Mind you he also canned Megaport badly years ago and I just sold a significant holding in that for 4 times my investment.
The other expert was more circumspect on the sector but also didn't rate NRW a buy.
I actually agree it is a tough sector. NRW is well diversified now and isn't a pure mining service play, but its diversification in infrastructure is also not regarded as an attractive sector by many.
I am a very happy long term holder, but thought i would post as this interview was current. It also may provide some background as to why there appears to alway be a lid on out stock's share price - some just don't trust this space
NWH Price at posting:
$2.22 Sentiment: Buy Disclosure: Held
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(20min delay)