MAD 0.00% $6.17 mader group limited

Is the Canada expansion too early?, page-17

  1. 94 Posts.
    lightbulb Created with Sketch. 16
    I like this business. Dealing in IP (hire a person to know what button to press) strong earnings profile and looking to extend into greater North American markets - Their Austin agreement just announced looks like it may benefit from strong initial support in Canada with Austin mentioning a push into Alberta along with a restructure to see Perth as being their major focus - a real plus appears to be the higher margins they are able to produce through these growing N American operations.
    A return to Rest of World operations.. expanding some of their fleet / capabilities in Aus. Manageable levels of debt.
 
watchlist Created with Sketch. Add MAD (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.