Great announcements indeed. Their profit forecasts are always...

Great announcements indeed.

Their profit forecasts are always conservative so it's not at all surprising that they've beaten it again.

But the really good news for me is the opening of the NSW site and management's promise of further acquisitions to come. I was a bit worried about the Barry Bros acquisition in terms of its strategic rationale, but it's clear now that they now what they're doing. They've got a great record of getting synergies from acquisitions so i expect they'll acquire a few more businesses in NSW to feed into Barry Bros and the St Mary's site to maximise the profit from each standalone business.

Really enjoyed this company's transition from penny dreadful to highly profitable small cap, and i think they've still got plenty of growth left in them. A long term hold.