It is said that the Wilson family are the most boring billionaires in the country. Their company is also oh so boring. It brings in good old fashioned ethics in the way it deals with its clients and its staff, and it grinds relentlessly onward and upward. The company initially worried me when it made an excursion into the US, but I am now reconciled to the fact that its boring good ethics, efficiency and treatment of staff and clients will help it to grow its US assets solidly and slowly. Investing here is not like in a darling tech or gold company. This is one for the very long haul. The best research you can do on this company is talk to a few tradies who have found Reece to always have in stock the obscure s bend they need, unlike their competitors. Reece outlets are also a gathering place for plumbers to socialize with a free coffee and bickie, each morning. Bring their folksy ways to the yanks and they too will, and already seem to be, converting them to be their plumbing supply home base. That is if they don't shoot each other first.
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