what's happening here?, page-22

pilatus,

Be wary/vigilant that there may well be some tax loss selling leading up to 30 June (I'm sure its been already happening) so you may not get the bottom. You also have the macro world events dictating price.

Full year 2012 EPS is around 8 cents per share.

2012 PE = just over 7 times (ludicrous!)

Dividend in 2 months time of 2.5c per share based on historical and company's dividend policy payout of dividends (50% of half yearly NPAT's). That's 4.3% net yield (tax paid at 30 cents) on a single dividend for the year.

Buy 1 million shares for $580,000 and you get $25,000 in dividend. That's enough to finance full interest cost on $580,000 for over 6 months assuming you don't use margin lending for exposure.

It goes without saying that one must be confident that MAH will achieve guidance for the next year.

MAH is a different company to 2 years ago - very diversified now geographically.

Back on the band wagon in a big way. Wish me luck! LOL.