MND has enjoyed fabulous ROE across the work it has done during mining boom. From Clime: Av NROE (over 5 yrs) 84.4%, FY14 NROE 62.8%, Forecast NROE 40%. That's still too high imo. I wrote previously that from here on MND will have margins at a substantial reduction from previous history. It can't be any other way. Have same number (almost) contractors/consultants fighting over a smaller pie. Plus companies demand contractors do work at ever cheaper prices as commodities fall in price.Hence I expect future EPS for MND to continue falling. We'll have to wait and see. Plus redundancies can be hellishly expensive. Needs macro to improve which is unlikely imo.
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$12.95 |
Change
0.000(0.00%) |
Mkt cap ! $1.274B |
Open | High | Low | Value | Volume |
$12.90 | $13.00 | $12.50 | $983.4K | 76.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 650 | $12.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$12.98 | 650 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1199 | 12.790 |
1 | 1200 | 12.540 |
1 | 1266 | 12.500 |
1 | 500 | 12.410 |
1 | 2000 | 12.380 |
Price($) | Vol. | No. |
---|---|---|
13.060 | 500 | 1 |
13.100 | 275 | 1 |
13.200 | 2000 | 2 |
13.210 | 102 | 1 |
13.250 | 517 | 1 |
Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
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