MSV 1.20% 41.0¢ mitchell services limited

Ann: FY22 Half Year Results Presentation, page-2

  1. 295 Posts.
    lightbulb Created with Sketch. 7

    No surprises with result - solid - gold price is still a positive. This stock looks very cheap to me.

    If they hit EBITDA of 10.5 and 12.5 over the next 2 quarters they will achieve over $40 mil in EBITDA - By this time focus will be more n the FY 2023

    Pleasing to see the profit as well

    Prefer Buy Back these prices

    "Post FY22, cash flow generation in near term will
    be focused on debt reduction and returns to
    shareholders either in the form of dividends or buy
    backs"
 
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