Australia's largest stock trading and investment forum Australia's #1 stock forum

MAH

Click for more information

0.88%

28.8¢ macmahon holdings limited

Ann: Appendix 3Y - Denise McComish, page-12

First 12 Last

Share
Profile

Follow
TimeLine4Me

251 Posts.

57

21/03/22

16:18

Post #: 60322578
Share

Originally posted by Rampaul: ↑

Haha, I wish! I am pretty happy with company performance. Share price I'm agnostic about, I'm comfortable to accumulate more at 17 cents or lower, feeling confident this is worth more than NTA per share and that one day it will get there over my time horizon (3 years), while NTA/share is steadily growing.

Of course would love to go to 30 cents tomorrow and sell out, but if it wasn't low then and I wouldn't buy then couldn't make profit later. I would be more depressed if there weren't good companies trading at reasonable prices and right now happy many of the ones I own/ed are trading close or above my fair value.

FWIW I've asked the same question you have about the poor share price to a few investors across forums and of course investor relations. No one points to fundamentals (aside from margin squeeze, which as mentioned previously I believe is transitory) and instead best explanation I think seems to be largely about sentiment and market favouring companies returning cash to shareholders over reinvesting. It may be good for share price in short term, but would be nuts over long term.

Expand

Entertaining the idea of tendering for lithium wouldn’t go astray in boosting the SP.

MAH Price at posting: 17.5¢ Sentiment: None Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 3 more messages in this thread...

First 12 Last

Add MAH (ASX) to my watchlist

(20min delay)
Last 28.8¢		Change 0.003(0.88%)		Mkt cap ! $619.5M

Open	High	Low	Value	Volume
28.5¢	29.0¢	28.5¢	$795.0K	2.760M

Buyers (Bids)

No.	Vol.	Price($)
19	508738	28.5¢

Sellers (Offers)

Price($)	Vol.	No.
29.0¢	1182331	11

View Market Depth

No.	Vol.	Price($)
21	536926	0.285
15	300983	0.280
14	272281	0.275
18	176156	0.270
5	180856	0.265

Price($)	Vol.	No.
0.290	1182331	11
0.295	920238	16
0.300	688133	27
0.305	344656	6
0.310	302643	10

Last trade - 14.14pm 17/06/2024 (20 minute delay)


Last 28.5¢			Change 0.003 ( 0.07 %)
Open	High		Low	Volume
28.5¢	28.8¢		28.5¢	645898
Last updated 14.19pm 17/06/2024 ?

MAH (ASX) Chart

SPONSORED BY