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33.0¢ macmahon holdings limited

DCG is a long term dog . I think it’s an awful decision but time...

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Wilber27

148 Posts.

41

16/04/24

10:11

Post #: 73362767
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Originally posted by BertySmythe: ↑

Looks like a great acquisition. Pro active and strategic.

Key points
Acquisition to be earnings accretive and aligned with Macmahon’s strategic focus to diversify earnings
Accelerate Macmahon’s civil infrastructure growth
Fully funded from existing cash reserves (including recently announced equipment sale proceeds), plus an extension of existing debt facilities, with gearing and leverage ratio to remain within internal guiderails.
Net debt at the end of FY25 is not expected to increase due to the acquisition
Pipeline of resource civil infrastructure and rehabilitation opportunities while diversifying earnings towards renewables and infrastructure, which areboth expected to have an increased level of spending in the next decade.

Feels like MAH have moved on from that historical weight of underperformance and weak communication which has plagued shareholder perception and confidence over the last few years. Their recent financial performance has been very good and seems that they really are on the up and up.

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DCG is a long term dog . I think it’s an awful decision but time will tell .
MAH Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
5 Upvote

0 Great analysis

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(20min delay)
Last 33.0¢		Change 0.010(3.13%)		Mkt cap ! $711.1M

Open	High	Low	Value	Volume
32.5¢	33.5¢	32.0¢	$1.138M	3.465M

Buyers (Bids)

No.	Vol.	Price($)
1	37500	32.5¢

Sellers (Offers)

Price($)	Vol.	No.
33.0¢	120000	1

View Market Depth

No.	Vol.	Price($)
1	37500	0.325
3	97868	0.320
3	312953	0.315
3	330771	0.310
3	67501	0.305

Price($)	Vol.	No.
0.330	120000	1
0.335	313368	3
0.340	397024	5
0.345	251500	4
0.350	511519	5

Last trade - 16.10pm 08/10/2024 (20 minute delay)

MAH (ASX) Chart