Knee jerk market reaction. Happening quite a lot this reporting season.
Plenty of good news here including around
- another increase in pipeline and order book
- resolution to Batu Hijau which looks nicely capital efficient
- reconfirmed guidance, and
- capex which highlights that after significant investment spend, cashflow should improve and ROACE get to 15% "near term" according to the CEO
- ongoing risk reduction, particularly around alliance style contracts (43% now)and cost protection via rise and fall provisions in other contracts
Muktiples looks cheap:
- 0.59x book value - compared to an average of 0.92x and median of 0.75x over the last 5 years
- 1.5x ebitda - compared to average of 2.9x and median of 2.2x over the last 5 years
With cashflow improving, this stock should do well.
Risk seems to be mostly industry specific ie getting people.
IMO DYOR
- Forums
- ASX - By Stock
- MAH
- Ann: Dividend/Distribution - MAH
Ann: Dividend/Distribution - MAH, page-5
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAH (ASX) to my watchlist
|
|||||
Last
29.0¢ |
Change
0.005(1.75%) |
Mkt cap ! $624.9M |
Open | High | Low | Value | Volume |
28.5¢ | 29.0¢ | 28.5¢ | $947.0K | 3.286M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 191558 | 28.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
29.0¢ | 1741715 | 7 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 42400 | 0.285 |
8 | 281420 | 0.280 |
9 | 210687 | 0.275 |
14 | 145281 | 0.270 |
3 | 107662 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.290 | 1741715 | 7 |
0.295 | 915542 | 13 |
0.300 | 656365 | 23 |
0.305 | 312960 | 2 |
0.310 | 227104 | 6 |
Last trade - 16.10pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
29.0¢ |
  |
Change
0.005 ( 1.68 %) |
|||
Open | High | Low | Volume | ||
28.5¢ | 29.0¢ | 28.5¢ | 732995 | ||
Last updated 15.59pm 17/06/2024 ? |
Featured News
MAH (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online