MAH 3.13% 33.0¢ macmahon holdings limited

Ann: Media Release Half Year Results , page-7

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  1. 182 Posts.
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    Just listened to the conference call - highlights for me:

    1) conservative treatment of outstanding debt in Mongolia - management is close to resolution (maybe next week or so) - I expect upside.
    2) secured revenue FY2015 $700M - there is normally about $100M outside order book.
    3) CAPEX decrease in FY2015 - estimate about $100M ($60M 1st half/$40M 2nd half)

    CEO final comment "feel that now on the road to recovery"
 
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32.5¢ 33.5¢ 32.0¢ $1.138M 3.465M

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1 37500 32.5¢
 

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33.0¢ 120000 1
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