Agree Lerwick.
The stock needs a catalyst.
Although trading well, the FY22 guidance of $1.4 -1.5B revenue is not a big uptick from FY21 revenue of $1.35B. And in FY22 the slight increase in revenue may be eaten up by labour costs and challenges.
I also did note that the potential order pipeline has increased from $7B to $9B.
There is a strong chance of upside for MAH with a large order dropping but, in absence of that, the downside risk really is minimal at these prices.
Under The Radar, page-156
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Last
33.5¢ |
Change
-0.005(1.47%) |
Mkt cap ! $721.9M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.5¢ | $503.9K | 1.488M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 67254 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 297501 | 4 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MAH (ASX) Chart |