I agree Ryrie.
Not to forget the substantial tax losses at $17m of franking, management noted dividends and capital returns are on the way.
Plus it seems management will use Mcgraths expertise to do some small scale residential property development, I think this is a positive. It will boost utilisation at Mcgrath, they will earn an extra margin and given the speed of modular construction, these properties good be turned over fairly quickly.
Whoever is selling is making a big mistake!
- Forums
- ASX - By Stock
- NOD
- this is a bargain-10c price target
this is a bargain-10c price target, page-2
-
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NOD (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online