"Before Christmas I visited a large, east-coast tyre distributor ..."
Subsequent to that post, said tyre distributor late last week reported continuing improvement in business conditions right through December half.
It would come as no surprise to me if SNL reports a Pre-Tax Profit figure of $7.5m or more for DH20 (which would be a ~20% increase on pcp's $6.3m figure).
And it would also come as no surprise to me if there were signs in the upcoming financial result of the company's managers using the opportunity of a strong result to create a few hollow logs. As is customary for this company from time to time.
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SNL Price at posting:
$4.95 Sentiment: Buy Disclosure: Held
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