today coa announced purchase of mildura hireadding to the recent...

today coa announced purchase of mildura hire
adding to the recent deal obtaining mornington hire

an interesting strategy of trying to do business thatz totally different to what's been done in the past by coa

it all adds up to xtra margins swinging to cat rentals/nhr
group in the future as coa trys to pick up business in the bush without really knowing their customers!

in brief: nlx -to much debt

nhr-most likely to obtain ah plant hire business from nlx and become the number 2 hire company in australia and the cat rental business added to nhr group will see it have over 10per cent hire business done in australia
45.5/46 cents looks like a cheap entry point

coa-will continue to disappoint as new ventures do not meet expectations