$SRH #ASX - Saferoads Holdings - Might be a good defensive stockJust been having a look around for potentially defensive stocks showing steady growth throughout the year. Very low cap stock, but has some good revenue coming through and in a space where effects of any economic downturns might be lessened. Not much liquidity though so entry and exit might take a bit longer to secure the price you want.
Saferoads Holdings Limited is engaged in the provision of road safety products and solutions primarily to end users. The Company provides products and services, including flexible guide posts and signage; rubber-based traffic calming products, including separation kerbing and wheel stops; variable messaging sign boards; decorative and standard street and major road light poles, and permanent and temporary crash cushions, including bollards and safety barriers. The Company provides safety products to the road users, such as motorists, road construction workers and pedestrians. The Company provides state government departments, local councils, road construction companies and equipment hire companies with a range of products and services designed to direct, protect, inform and illuminate for the public's safety. The Company offers solar lighting solution. It provides light duration of 23-30 hours without charge. It also offers Ironman Hybrid product.
