The order book doesn't equal revenue. This time last year the order book for FY19 was around $150m yet revenue for FY19 will end up being around $245m.
FY20 is shaping up to be a big year for MYE and may go close to eclipsing FY12. It's benefiting from both increased activity in the sector and increased margins as older contracts that were priced in the downturn roll off. Importantly there is still plenty of slack in the labour market so margins are improving.
I reckon they can do $27-29m EBITDA in FY20, EPS around 12-13.5cps
The order book doesn't equal revenue. This time last year the...
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Last
17.8¢ |
Change
-0.003(1.39%) |
Mkt cap ! $54.40M | |||
| Open | High | Low | Value | Volume |
| 17.8¢ | 17.8¢ | 17.8¢ | $4.438K | 25K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 25000 | 1 |
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| Last trade - 14.05pm 23/08/2024 (20 minute delay) ? |
| MYE (ASX) Chart |