MAH 1.75% 29.0¢ macmahon holdings limited

Ann: FY23 Guidance Update, page-15

  1. 494 Posts.
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    Not sure how you make that assessment. Nothing goes up in a straight line, and this latest (net) increase is a welcome and strong move.

    For my part, I am particularly now watching for MAH to recommence payment of Aus tax, finally exhausting past losses.

    Once able to pay franked dividends, I will be loudly calling for ramp up of a boring dividend rate.

    The emphasis on capital value growth has been ignored by the market for almost 5 years, despite a consistent track record of improving metrics.

    Franked dividends on an increasing yield should work now, imo.

    It is absurd that this stock is trading more than 30% below NTA. The business is making strong and increasing profits. However, with a massive blocking shareholder, and possibly no take-over potential, we need franked dividends as a circuit breaker, even at the cost of some growth.
 
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29.0¢
Change
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Mkt cap ! $624.9M
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29.0¢ 29.0¢ 28.0¢ $319.2K 1.118M

Buyers (Bids)

No. Vol. Price($)
11 320356 28.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 115975 4
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