Some of the best analysis I have ever read on HotCopper from all...

Some of the best analysis I have ever read on HotCopper from all contributors.

Also, an interesting clash of ideas between hard numbers analysis and what may actually be going on at the coalface. In general I agree with Camden that people who work in national service businesses tend not to appreciate how highly investors regard them, and how the brand, and its cashflow, is more important than the people.

You can always change, or buy, people, but you can't build a national footprint overnight.

On a different stock ( apogologies for this) do any of you guys look at pure value/recovery stocks, even those with a history of value destruction but where changes are finally taking place ? If so, would appreciate your views on PMP which trades at 14.5c against tangible NAV of 74.5c. If anyone has time to research and comment, could they do so on PMP thread.

Many thanks.