MND 0.16% $12.81 monadelphous group limited

Ann: 2021 AGM Presentation, page-2

  1. 11,148 Posts.
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    Nearly reading tea leaves, but the outlook seems slightly better than at the FY results, as:
    1. We are now getting a HY similar to pcp, rather than not being disclosed separately in a down year.
    2. Maintenance activity has improved from "expected to grow" to "strong"!
    3. Also if these two correlate like I think they do, previously it was "Buoyant resources, energy and infrastructure sectors to provide solid pipeline of opportunities " to now "Significant capital and operating expenditure levels driving heightened demand".

    On the possible downside they dropped the word Hydrogen, and have added a focus on attraction and retention in the final bullet point.

    IO, coal and steel have bounced last couple of days.
 
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