Sure Oscar, but the problem is that LBL services the manufacturing and mining industries. And they're both in decline in terms of volume. Look at the factories slated to open up say in Burma or what is already taking place in Malaysia/Indonesia/Thailand/Vietnam. I think the company will be better off by moving the technology/service to those regions where there is a real buzz. The problem with this will be initial capital costs, so it'll be a while for the investment to pay off... though imo it will.
It's pretty obvious SA is in decline and still cannot decline with SE Asia for production. And WA, woweee, it'll cost you an arm and leg just to hire someone to work for you, unless you move down south, but south WA is dead as far as I can see, so we won't get business there either.
I'm hoping the Hoops take their time with this, and come up with the right decision.
LBL Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
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