Its hard to find anything to dislike about these results. I particularly like the capital and cashflow control and the execution of the business. If you can trust everything said within the accounts it looks quite rosy going forward despite the current conditions. Integration of the acquisitions seems to be seamless, ESG has some quite innovative actions and ROE is apparently one of the uppermost objectives in the founders mind. Morgans target around $3.95 with 20%- 25% increases in net profit forecast for both 2024 and 25. Those lows of around $2.50 in Feb and July this year made quite attractive buying IMO.
Its hard to find anything to dislike about these results. I...
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Last
$4.21 |
Change
0.020(0.48%) |
Mkt cap ! $1.380B | |||
| Open | High | Low | Value | Volume |
| $4.19 | $4.25 | $4.15 | $162.9K | 38.69K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 543 | $4.21 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.23 | 7 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$4.25 |
Change
0.020 ( 1.40 %) |
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| Open | High | Low | Volume | ||
| $4.19 | $4.25 | $4.15 | 508868 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| MGH (ASX) Chart |