MAH 0.00% 29.0¢ macmahon holdings limited

Ann: FY23 Guidance Update, page-36

  1. 572 Posts.
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    I don't understand the non holder saying that MAH doesn't make a decent profit. MAH makes a great profit. Statutory NPAT was $57m and underlying was $67m.

    That's a PE of less than 6. To me that's a wow.

    The issue for us holders isn't the performance and profit of MAH it is more the lack of confidence (probably somewhat justified from history) due to some historical mis-steps, previous slow pace and weak communications.

    Some consistent performance, which MAH is well on the way with, will fix all that.


 
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