Why buc?
The annual report showed they're very much long term focused, eg. their new rental HQ at Nar Nar Goon 'with ease and proximity to the freeway and a yard that allows for quite straight forward loading and unloading operations' and rental growth of 'an exceptional 80% on the prior year.' This has been achieved while keeping debt at a very manageable level.
Combined with more regulatory approvals in US states, the outlook seems fine to me. Just patience required - I'm sure all their hard work and restructuring will ultimately pay off. Our directors seem confident too, given their ongoing on-market purchases.
I'm planning to attend the AGM later this month - I'll post my impressions here.
Why buc?The annual report showed they're very much long term...
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