WA companies

  1. 4,084 Posts.
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    Hi,

    I noticed that several WA related companies are doing well at the moment (in term of underlying business).
    It is not a major surprise as the macro data are now quite good in this state, looking at consumption and the property market.
    Since March, WA has the largest increase* for household spendings (yoy) with an increase of 9.8 % in March, 7.7 % in April and 4.7 % in May.

    Some examples of WA related companies which had a positive update recently :
    - Duratec and SRG Global in the construction sector,
    - Cirrus Network in the IT Sector,
    - XRF Scientific among mining services.

    So, I try to do a list of WA related companies, excluding the mining companies (but including mining services).
    Looking at companies which have a significant part of their business in WA, but not necessarily all their business there.

    List of companies so far (in addition to the companies above)
    - property developers : Cedar Woods, Peet,
    - industrial companies : Schaffer (SFC), Veem (VEE), Advanced Braking Technology (ABV).
    - retailer : Joyce Corporation (JYC).

    Please do not hesitate to add other names to this list.

    Thanks.

    * of all the states and territories (source : ABS).

 
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