I thought I might share this Peter Williams (The West Australian) article from 2018 with my fellow Hot Copper posters to give some context.
Regards
Stretguy.
Peter Williams - The West Australian
Fri 24 August, 2018
Macmahon Holdings posts $33m profit, tips more growth
Mining contractor Macmahon Holdings has posted a $33 million net profit, turning around a $23 million loss from the year before, and forecasting better things to come.Indonesian-controlled Macmahon’s operating revenue in fiscal 2018 almost doubled to $710 million.It said the primary drivers of the result were the start and ramp up of new projects and a turnaround in performance at Newcrest’s Telfer gold-copper mine in the Pilbara.No dividend will be paid.Macmahon is tipping earnings before interest and tax from continuing operations of $70 million to $80 million this financial year from revenue of $950 million to $1.05 billion.Fiscal 2018’s operating EBIT was $41 million.“Our guidance is based on $1 billion of contracted work for FY19 and our monthly revenue is now consistent with this run-rate,” chief executive Michael Finnegan said.“This gives us a solid platform for further increases in earnings.”Its shares were up 1.5¢, or 6 per cent, to 25¢ at 11.09am.
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- Indonesia controlled MAH - Peter Williams article - 24 August 2018-
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Indonesia controlled MAH - Peter Williams article - 24 August 2018-
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Last
34.8¢ |
Change
0.013(3.73%) |
Mkt cap ! $743.4M |
Open | High | Low | Value | Volume |
33.5¢ | 34.8¢ | 32.5¢ | $594.1K | 1.761M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 108293 | 34.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
35.0¢ | 233637 | 18 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 82611 | 0.345 |
7 | 396427 | 0.340 |
4 | 37011 | 0.335 |
3 | 51873 | 0.330 |
3 | 39042 | 0.325 |
Price($) | Vol. | No. |
---|---|---|
0.350 | 233637 | 18 |
0.355 | 44860 | 4 |
0.360 | 314456 | 5 |
0.365 | 1925 | 1 |
0.370 | 67051 | 2 |
Last trade - 11.18am 07/08/2025 (20 minute delay) ? |
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