sp wire pulling, page-20

I think this announcement demonstrates the nature of the businesses that MXI run.

MXI's array of businesses are not supermarkets or telco products, they are capital equipment and parts. Market demand can fluctuate markedly from period to period. In the last 9 years the average variation in earnings is $9m per annum, significant considering NPAT for FY14 is expected to be $17m.

The key for shareholders IMO is to look through the ups and downs of demand, focus on the strengths of the company, take advantage of any overplayed pessimism in the market, and appreciate the yield.