Most portfolios have a “dog” lurking in their midst and ours undoubtedly is mining equipment rental business EHL which although it’s doubled over the last year has failed to regain the vast majority of it’s COVID losses. We felt as the business addressed its debt issues investor confidence would improve but alas it hasn’t hence as we’re looking to de-risk it’s a prime candidate for sale.
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Buy Hold Sell: The best and worst performers of FY25
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Thursday 11th September – Dow off -220pts, SPI off -20pts
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Wednesday 10th September – Dow up +196pts, SPI down -4pts
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MM is considering cutting our loss on EHL around 95c
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