NHR 0.00% $3.73 national hire group limited

sector outlook according to nlx boss

  1. 3,856 Posts.
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    just reading recent corporatefile doco on nlx re performance and in particular the HIRE SECTOR

    'here are some main points about arl/nlx':
    reduced plant hire head office and closed 5 branches

    invested nearly $10m in equipment to capitalize on bouyant market conditions for next 2 years

    demand exceeding supply so focus is replacing old equipment with new ones

    plant hire opportunities?????????

    further capital investment in plant hire going forward with bias to leasing(up to 50%)for longer term contracts

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