A short prediction of this coming FY2012/2013 results plus some changes along the way!
Only dealing with the BIG 5 makes it simpler - but there are at least three others nipping at the heals of positions 4 & 5 (If they haven't past them already)!
Being part of the new BlueScope Australia New Zealand business unit that obviously didn't perform at all in the last three years in contributing to EBIT - Lysaght has not made inroads to its market share of the construction industry for 10 years or so! Yet has the advantage of inside knowledge of most pricing knowledge in the tender process! Also BSL despatch has been declining since 2008?
|BSL total Australian External Despatch|
- Improve profitability in manufacturing and distribution.
- Pursue structural cost reduction opportunities in raw materials for Port Kembla!
As part of Fletcher Building - the FY2012 report is not due until 22nd August 2012! But amazingly FBU shares on the ASX have been rising steadily up to $5.08 today. Stramit concentrates solely on its rollforming and fabrication sections with some quiet achievers in the concealed roof area and the mining sector. The FY2012 results I predict will be favourable to FBU with Stramit not having performed as well as in the past but becoming one of the main players in this industry.
Prediction: No change in Stramit predicted this year - just aggressive production, marketing and hard work!
A lone independent rapidly developing its retail sector - but still involved along the lines of Stramit with good production, product and service! While Stratco may be associated with rollforming - the big interest is whether or not they may split and sell off the retail arm to Masters or Bunnings (get rid of the competition)!
As an example of this retail expansion is the new retail Red Box in QLD at Virginia:
What a hard company (if you could call them that) to investigate, a group of separate yet united and controlled bunch of rollformers that do not operate on a national corporate basis. But yet appear to be a national giant. The website, marketing etc is well down the scale - yet the others always complain about them! Good or Bad? Maybe just they know the right buttons to push! Nothing will happen here in the coming years - NOTHING! And nobody will know how they operate, except that they cause grief through production, marketing and penetration in competing with the rest. They will always have this semi corporate look to hang around position 4 or 5! Prediction: No change!
Well, what a story - an ionic Company now operating under HILL Holdings - and a reasonable FY2012 result! But the big contributors were the Electronics and Communications (8.7%) and Life Style and Sustainability (7.6%). The % figures are operating profit to sales! We come to the Building division of Orrcon, Fielders and Korvest, which had a 0.8% result! Korvest posted a great result, Orrocon was average - so Fielders was the non performer maybe!
Prediction - big changes for the senior Fielders management in Adelaide, Big changes for Fielders (being sold out cheap). Hills made a mistake buying 100% of the company and leaving the ex shareholders free (no trade restrictions at all) to compete against them and also impact on the last two years in WA and SA results. This was a bad decision by Hills board (one that will haunt them for years to come) that should be explained to shareholders. No good news for Fielders at all apart from their one new product called Aramax! Probably worth more than the rest of Fielders!
The others like Apex, Steeline, revolution and many other independents are all creeping up the ladder with superior service, production and attitude! More news soon on Stramit!