LBL 6.25% 59.5¢ laserbond limited

Thanks willpies.Nice read.Comments about competitors make us...

  1. 7,626 Posts.
    lightbulb Created with Sketch. 249
    Thanks willpies.
    Nice read.
    Comments about competitors make us think about prospects (or obstacles) for future expansion,either greenfield or aquisition.
    In the next few years we might see some consolidation of these numerous fragmented small businesses into one large national enterprise (perhaps even with financial muscle to tackle overseas projects)
    Most of these businesses are family owned,which might pose some problems about control/management,but I think it is a win-win proposition.
    The number crunching in the report tells us that LBL is very "cheap".
    Thanks again.
 
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