While the NPAT wont repeat asset write off reversal same rate next year, it is worth expect rate and utilisation increase at reasonable rate.
at $300m revenue, increase rate and utilization at 10% each can result 20% increase rev, while only small increase in cost of fuel, crews
Ebitda of $69m thus can be improve dramatically.
we know that rate and utilization are better than last year avg during first 2 months of this year. Question is how long will it last. Oil gas market seem to be good now, but for how long, where will the Russian war end, how does it affect market at the end?
China market has all trouble with their realestate debt. I dont find China export and fuel consumption positive.
While the NPAT wont repeat asset write off reversal same rate...
Add MRM (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$2.73 |
Change
-0.020(0.73%) |
Mkt cap ! $1.042B | |||
| Open | High | Low | Value | Volume |
| $2.72 | $2.73 | $2.70 | $757.2K | 278.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 30091 | $2.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.73 | 17752 | 6 |
View Market Depth
| Last trade - 10.34am 08/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$2.72 |
Change
-0.020 ( 1.23 %) |
||||
| Open | High | Low | Volume | ||
| $2.70 | $2.73 | $2.70 | 66943 | ||
| Last updated 10.46am 08/05/2024 ? | |||||
| MRM (ASX) Chart |