NHR national hire group limited

lei chairmans address positive news

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    in summary Wal King notes:
    1-infrastructure markets are booming boosted by a number of large transport related projects

    2-growth in demand for aussie resources from china expected to support xports of aussie minerals & energy

    3-asian economies experiencing solid growth vue to strength of china & usa

    which all sounds good for the newly capitalized and operations of NHR that now includes:
    existing nhr operations
    allight pty ltd
    westrac cat rental stores in wa

    in total some 40 branches(aust and indonesia) with a relative value of about $200m where about 35% of sales rev will come from the mining sector,about 30% from construction sector and the rest evenly slpit(5-10%) between civil,govt,private, and other


 
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