"P.S. LAU looks like an interesting growing company, so if you have some opinion on its future prospects that would be great. Is there still more scope for growth?"
The retail bolt ons is possibly the fastest way to increase both margin for the company and service capability for customers , being both a carrier and retailer is something the biggest player in the farm service industry Elders can not do.
Ie farmer asks at Elders for 300 liters of post emergence herbicide for his corn , rep will say will check with carrier , should be able to get that is 3 weeks.
Ask at a LAU store and the answer I am guessing will be delivered , next Friday ,(next month if in WA if shipping from East ) and if we are out your way we will deliver it and pick up your wool for the return , as long as you have your front end loader ready .
Look at the Elders recent share price ,then look at the LAU share price , ELD are on the back foot its not vertically integrated .
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Open | High | Low | Value | Volume |
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9 | 59007 | 0.880 |
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Price($) | Vol. | No. |
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