NWH 2.62% $3.35 nrw holdings limited

Oh :( That link doesn’t open ... The word/comment I took umbrage...

  1. 18,617 Posts.
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    Oh That link doesn’t open ...
    The word/comment I took umbrage with in the story, FWIW, was that the mining services sector is ‘lousy’.
    Since then I have learnt that, in many instances, it is.

    But I also note that however lousy that sector still may be, NRW has done an amazing job diversifying away from simply being a mining services contractor;

    It has grown by clever acquisition, acquiring, since that story, a useful division of Hughes Drilling, the excellent and highly reputed Queensland-based Golding, RCR Mining Technologies and, most recently, BGC - all at bargain prices and, where necessary, via heavily over subscribed capital raisings.
    These buys bring urban and marine development, useful maintenance work, engineering services, and much more - including highly respected management teams - to the NRW portfolio resulting in the four pillars pictured below from the February 20 Half Yearly Results
    https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD5Qa0wRaZruBxke92GA==


    ..... In fact maybe it is time for Intelligent Investor to reestablish coverage?

    cheers
    Last edited by sabine: 29/06/20
 
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