LINDSAY AUSTRALIA (LAU) Shares
ABOUT LINDSAY AUSTRALIA
Lindsay Australia Limited is a leading Australian freight company. It serves horticultural, food-processing, rural and food services industries. Its portfolio includes 37 stores and depots throughout the east coast of Australia.
It operates through Lindsay Transport, Lindsay Fresh Logistics and Lindsay Rural, offering end-to-end services between farmers, markets, manufacturers and distribution sites.
Lindsay Transport operates a fleet of approximately 1 000 vehicles and 16 terminals, transporting dry and refrigerated goods. Lindsay Rural operates 19 branches. Packaging supplies can be purchased for fertilisers, irrigation equipment, chemicals and agricultural products.
Through Lindsay Fresh Logistics, the company offers storage, import and export, ripening and fumigation of fruits and vegetables.
Lindsay Australia Limited employs approximately 1 100 people and is headquartered in Brisbane Australia.
OVERVIEW OF LINDSAY AUSTRALIA
Lindsay Australia Limited is originally named Lindsay Brothers. It is founded in 1953 by Peter and Tom Lindsay. They buy 3 used trucks to start services as a transporter of local vegetables and fruit to markets in Sydney. On the return trip fuel is transported from Newcastle and delivered in Coffs Harbour.
It becomes one of the first in the country to use refrigerated trailers and by 1970 it has 20 trucks and 23 trailers. It expands to Queensland and soon becomes one of the largest refrigerated transport companies on the road, serving some of the largest brands in Australia. During these years the company buys businesses to expand its product portfolio and geographical range.
A small rural supply company, known today as Lindsay Rural, is founded in 1983 in the Bundaberg area. In 2001 Lindsay Australia Limited is listed on the Australian Securities Exchange. Lindsay Rural and Lindsay Transport are both incorporated soon after.
In 2014 it introduces Lindsay Fresh Logistics. It operates in Brisbane, offering storage, unloading, fumigation, quarantine, cross docking, ripening, sterilisation, inspection and other related produce export services.
During the next couple of years, the company becomes a fully integrated logistics, transport and rural supply company.
VISION & VALUES OF LINDSAY AUSTRALIA
Lindsay Australia Limited values its employees, customers and shareholders.
The company’s mission is to provide its customers with excellent services, and it creates high returns for its shareholders. The company conducts business with ethical standards, integrity and transparency.
Lindsay Australia Limited is committed to supporting the communities in which it operates. Contributions are made to businesses, junior recreational groups, foodbanks and other organizations.
MARKET PERFORMANCE OF LINDSAY AUSTRALIA
Lindsay Australia Limited trades on the Australian Securities Exchange under the ASX stock symbol LAU. Potential investors can buy shares now at an affordable price.
Data analysis for the company’s financial year ending 30 June 2019 reports an operating revenue of US Dollar 386,077 million, a 7.1 percent increase. EBITDA is US Dollar 40,415 million, an increase of 11.8 percent. EBIT is US Dollar 18,662 million. Finance costs are US Dollar 5,893 million.
Reported net profit after tax is US Dollar 8,879 million, an increase of 10.2 percent. Operating cash flow is US Dollar 35,229 million. Earnings are 3.0 cents per share.
Buy LINDSAY AUSTRALIA stocks / shares – A Step by Step Guide how to Buy / Purchase LINDSAY AUSTRALIA Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy LINDSAY AUSTRALIA Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN LINDSAY AUSTRALIA STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE LINDSAY AUSTRALIA STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of LINDSAY AUSTRALIA stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy LINDSAY AUSTRALIA stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?