nice post HS.
Looking backwards, MAH has been a rubbish investment - at least for me.
Looking forwards, I agree with your post. Great strides made in FY18 and the future looks good. SP should continue to rise, as the mining industry gets back into full swing. This's assuming they execute well of course. The presentation slide 11 Tender info bodes well - many upcoming potential Contracts that're sizeable (>$500M), where MAH are an Exclusive/Preferred Contractor. They should be able to bag some of them at least.
Interesting they didn't give too much detail on Telfer this half? In prior announcements, they usually had a slide showing how Telfer was the problem child, but would gradually improve. The comments on presentation slide 4 "Achieved record monthly mine production in June quarter" and slide 7 "Significant margin improvement driven by Telfer turnaround" certainly appear positive - hopefully this trend can continue. That Project has been a disaster. They better wise-up with new Contracts they're bidding on and make sure they understanding everything. No point in getting work for work's sake, if it's a money pit!
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Last
33.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $678.8M |
Open | High | Low | Value | Volume |
33.5¢ | 33.5¢ | 31.3¢ | $1.026M | 3.182M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 176197 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.0¢ | 330700 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 176197 | 0.325 |
13 | 633089 | 0.320 |
9 | 354849 | 0.315 |
7 | 135461 | 0.310 |
8 | 97010 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.330 | 331561 | 12 |
0.335 | 350158 | 12 |
0.340 | 475470 | 7 |
0.345 | 74017 | 5 |
0.350 | 421475 | 12 |
Last trade - 12.50pm 26/08/2024 (20 minute delay) ? |
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