fredofrog, very kind comments. Thanks.
Recently travelling in NSW on a special train, I spoke with two individuals, one of whom is employed by a listed Australian company, the other by a large unlisted one. Both are in logistics.
One said that the demand for pallets in Australia has markedly risen from a year ago and was at a high level.
The other worked for an entity that supervised a warehouse that, as luck would have it, uses LAU for road (not rail) transport. He said to me demand was good but didn't elaborate as much as the first gent.
I continue to see many Lindsay Australia beautifully liveried containers on interstate intermodal freights operated by rail's Pacific National. This has been a major investment focus for LAU.
Here is one example where the Friday premium (does not usually shunt enroute) Melbourne to Perth "Toll" train (numbered 6MP4 by the Australin Rail Track Corporation, '6' indicating day of the week, 'M' Melbourne, 'P' Perth and '4' train number four) has four LAU rail containers. Occasionally I have seen up to nine or 10 on various interstate freight trains, but it immensely varies:
- Forums
- ASX - By Stock
- LAU
- value investing
value investing, page-6
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add LAU (ASX) to my watchlist
|
|||||
Last
95.0¢ |
Change
0.015(1.60%) |
Mkt cap ! $296.8M |
Open | High | Low | Value | Volume |
93.5¢ | 95.5¢ | 93.0¢ | $429.4K | 456.7K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13649 | 95.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
96.0¢ | 44166 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13649 | 0.950 |
1 | 320 | 0.940 |
2 | 11505 | 0.935 |
2 | 90259 | 0.930 |
1 | 1100 | 0.925 |
Price($) | Vol. | No. |
---|---|---|
0.960 | 44166 | 6 |
0.965 | 42473 | 1 |
0.970 | 35888 | 3 |
0.975 | 26252 | 2 |
0.980 | 56138 | 5 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
LAU (ASX) Chart |