You're the expert on 'hollow logs'!
I reckon apart from that, SNL may be another company that has a minor moat around its sales of truck and bus spare parts. It's not as big a moat as say REH, but still noteworthy.
I'm not well versed in its subsector but are its only major competitors the OEMs such as Ford, MercedesBenz and so on?
One can see this business with its lengthy history continuing to go from strength to strength in the next few years, even if interest rates rise and there's a temporary downturn in the economy, or if COVID-19 takes into 2023 to recover from. The latter's a particular unknown.
You're the expert on 'hollow logs'!I reckon apart from that, SNL...
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