MGX 0.00% 36.0¢ mount gibson iron limited

Yeah dude, according to CMC (Morningstar's data), EPS current...

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    Yeah dude, according to CMC (Morningstar's data), EPS current estimates (based on FY18 data) sitting @ $0.091 EPS & $0.03 DPS, Cashflow is also sitting @ $0.091, payout ratio is sitting ~33%, and I'm quietly expecting a 'special' dividend (return of capital, if we're lucky), a bit like WHC did a couple of years ago, mega earnings, not much debt and heaps of capital/cash...

    Based on what I'm assuming is Q1-3 FY19 report-data, and the IO 'industry dynamics' (Vale, supply limitations, etc), they have Cashflow estimated to increase by 1,755%, EPS by 289% and DPS by 50%...

    Time will tell whether I'm on the money or not, literally..!!

    ML
 
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