MSV 8.51% 43.0¢ mitchell services limited

Ann: CLSA Exploration Day Corporate Presentation, page-3

  1. 2,737 Posts.
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    Nothing really new but confirms for me:
    * that it is still tracking as per its forecasts earlier during 2020
    * it has been diversifying it business across states, by commodity type and mainly Tier 1 clients
    * Zero exposure to thermal coal
    * institutions own 20%
    * paying down debt from cash flow
    * paying a healthy FF dividend of 1.1c

    Solid well managed company.
 
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