MRM 0.38% $2.66 mma offshore limited

Not exactly an inspiring preso. Nothing we didn't already know....

  1. 230 Posts.
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    Not exactly an inspiring preso. Nothing we didn't already know. Confirmation 14/15 EBIT Earnings look to be on track for 13/14 EBIT results - comforting to me in any case.

    No slide about the value proposition for new investors given current stock price and expected EPS for 14/15 on a PE ratio of between 5 and 7 . No sell job at all by management. I think they have plenty of upside to sell but have chosen to stay silent.

    Given the belting the SP has taken the last 18 months the cynic in me might think a management buyout with assistance from Private Equity was a real possibility here. I very much hope to be proved wrong. Management have done a pretty good job in the past so I'm not ready to write them off.
 
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Last trade - 16.10pm 02/07/2024 (20 minute delay) ?
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