There seems to be a bit more consistency in the profits quarter by quarter at the moment. Perhaps the expansion of the rental fleet is smoothing out the historic “lumpiness”.
That's a great point tessathedog.
The market (and lenders) tend to like consistency in revenues and profits, so flattening out that 'lumpiness' you mention is a benefit all in itself. And it's even more of a benefit if the flattening comes from 'underneath', ie. filling in the dips, while keeping the peaks. And that's what appears to be happening at Saferoads.
The market also appears to like fully franked dividends, judging by the recent firmness in the share price. Well done Darren and the rest of the board. It's been an excellent year for Saferoads, and the outlook appears bright.
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