Agree that it is a well-run services company. Keen to see what's driving the price down? Skeletons?
My inquiries led me to conclude that it is an old-school construction/services company that is decently-managed, but not ambitious (note the high dividend payout ratio). Low debt, lots of cash in bank is always a good sign. Its (low) net margins are fairly typical of the industry.
I don't know if we will see spectacular growth in the engineering segment of the company, but certainly the maintenance side of things is stable. I think $10/share is the maximum I will pay for it at this time, unless I see some real signs of growth.
Keen to hear what others think?
Agree that it is a well-run services company. Keen to see what's...
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Last
$13.17 |
Change
0.050(0.38%) |
Mkt cap ! $1.283B | |||
| Open | High | Low | Value | Volume |
| $13.12 | $13.20 | $13.06 | $1.441M | 109.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 618 | $13.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.17 | 743 | 1 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$13.16 |
Change
0.050 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| $13.10 | $13.20 | $13.06 | 30336 | ||
| Last updated 15.59pm 03/05/2024 ? | |||||
| MND (ASX) Chart |