MAH 3.64% 28.5¢ macmahon holdings limited

Not sure how you make that assessment. Nothing goes up in a...

  1. 500 Posts.
    lightbulb Created with Sketch. 362
    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.
 
watchlist Created with Sketch. Add MAH (ASX) to my watchlist
(20min delay)
Last
28.5¢
Change
0.010(3.64%)
Mkt cap ! $614.1M
Open High Low Value Volume
27.5¢ 28.5¢ 27.3¢ $373.7K 1.332M

Buyers (Bids)

No. Vol. Price($)
1 8714 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.0¢ 349575 7
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
MAH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.