@TribeRuffner What do you make of them expanding rapidly in mid-a where they don’t own any landfills? Competitor sites will prob squeeze them where possible and amount of municipal sites is also limited. Comps are moving in a different direction on internalization.
@DD17_Capital@leevalueroach AI benefit will be in opex, should be able to cut development expenses on software. They don’t have any datacenter exposure
@evfcfaddict its quite odd that ROVI and STEV have traded in opposite directions lately,. ROVI has large glp1 exposure as well - if I'm not mistaken pretty much all of the big disclosed contracts are glp1 related
@QuantStrategist@Muzzlebuster By that time iron ore will be much lower % of rev anyway. Also as you said Rio tinto and the like in AUS have one of the lowest cost prices in the wrld so will surely keep pumping volumes even at lower prices - more likely smaller higher cost operators players being driven out
@Muzzlebuster Doesn’t this make their business much more cyclical? Seems to be losmaking in downcycle years and staffing companies generally have not been great investments - also based on price they paid nobody seemed interested