rinker jump on half year results, page-2

rinker doing well in florida & usa Rinker are certainly doing OK with almost half their profits being generated in concrete and construction industry products in wind blown Florida, USA. ..

The chart is a beautiful two year continuing uptrend, take a look, the code is RIN

Demand is apparently very strong with the massive re-construction and repair taking place after three or four massively destructive storms this year, and likely to remain so in Florida's hurricaine alley, with global warming and higher sea surface temperatures.

Flimsy mobile and clapboard homes just cannot take this weather, so Rinker should benefit. Storm insurance premiums are getting increasingly severe in the Florida area and you are generally expected to bear the first $US5000 or more of any claim for storm damage..

They also operate there in warm sunny Arizona, where many people retire in the US. ... As the price of heating oil climbs steeply over the years, I would suspect many more elderly North American retirees to more to Arizona, Florida or similar climes for the health benefits, but requiring toughened housing.

Family interests include Rinker equity.