SVW 1.53% $45.78 seven group holdings limited

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  1. 5,458 Posts.
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    Westrac EBIT since Ryan taking control in 2015, it more than double its earning under 10 years so I wouldn't worry too much about it
    plus Westrac service more than just mining, it nation building and infrastructure as well and the 2020-2021 lock down hasn't help.

    also mining boom years may not be a boom years for Westrac as mining companies could forward purchase equipment in anticipation for increase in volume output, I don't know for sure but look like 2018-2020 they spent some serious money in anticipation for the boom

    2015: 163
    2016: 165
    2017: 164
    2018: 202
    2019: 285
    2020: 371
    2021: 400

 
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