Just finished reading over and making notes from all material i could find on Maxitrans. It's recent impressive results caught my eye and on upon further inspection it really does look like a great stock for the medium term.
For those that dont know, its Australia's largest supplier of road transport trailling solutions. Its last year has seen all divisions perform exceptionally well excpet for its Parts divison which despite an increase of 36% revenue, performed below expectations. Everything else performed to expectations or above, resulting in large % increases in revenune and profit. Acquisitions and JV's should also have a positive effect on the coming years results.
Anyway, I do not hold currently, but will most likely purchase some today or early next week and let it sit. A really nice medium/long term play in my book.
Might be worth having a look at for those that arent aware of it.
Cheers
Magic.
MXI Price at posting:
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