Fantastic growth coming up, on the back of current and future earnings, imo.
Based on yesterdays release on the Portland expansion, the goal posts are becoming clear ~ further integration in this industry!
With global demand remaining steady - current, to quite some demand going forward, gunns are gearing up to be in the box seat.
For International Paper to buy a $600mU.S. + stake in northern hemisphere like-minded co last year, gunns may come onto their radar before too long, imo.
Tas Mill going ahead; expansion into Vic chipping; (maybe expansion by aquisition into fea?, which would again, give gunns a massive boost for resource and infrastructure); existing markets maintaining pace or increasing; competition waning, with demise of couple other timber co's; i personally see a great future right here, right now.
Cheers :)
Add to My Watchlist
What is My Watchlist?