yep agree with that. it is not priced for growth, but it is growing. they have a clear strategy and are executing that strategy effectively, particularly in regard to the efficiences of the plant. lets hope the next half shows a bit of growth in new zealand and/or a lot of growth in china, where they are off to a slow start. which was probably expected, at least they havent gone backwards.
Pental well placed, page-13
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