This is a services company. We don't want them to have assets. Would you like them to build marble statues of all of their employees and put those down as net tangibles?
I expect a normalized return on equity against shareholder equity to come in around 12% within two years, and I further expect this company's sales to TRIPLE in a long term growth run that will extend at least four years, as various levels of NBN are built out.
This may not be a 10 bagger, but from where I bought it I expect 800% return.
MAH is a value play, selling near book. But return on equity is only 11% (SSM's 12% ROE looks a whole lot better when you are buying them at 1/3rd shareholder equity), and it's obviously going to suffer when the commodity boom ends. The chart looks nice. What do you think is the catalyst for them growing?
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Last
$1.49 |
Change
0.030(2.05%) |
Mkt cap ! $917.7M |
Open | High | Low | Value | Volume |
$1.47 | $1.50 | $1.46 | $1.048M | 709.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 715 | $1.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.50 | 37760 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 345 | 1.460 |
2 | 2715 | 1.455 |
1 | 1989 | 1.450 |
1 | 4321 | 1.435 |
1 | 3000 | 1.420 |
Price($) | Vol. | No. |
---|---|---|
1.485 | 70 | 1 |
1.490 | 4115 | 1 |
1.500 | 6867 | 2 |
1.510 | 1000 | 1 |
1.555 | 7000 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
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SSM (ASX) Chart |