https://hotcopper.com.au/posts/46692083/single
I found a bit more ... not very useful but still it’s good to see people noticing NRW.
(I do not think it got a mention, sadly, in the last OC Fund Update )
cheers
https://www.stockopedia.com/share-p...s-urn:newsml:reuters.com:20200809:nL4N2FB0AR/BUZZ-Jefferies picks likely winners among Aussie mining services firms ahead of results
NRW Holdings News
Sun 9th August, 2020 11:13pm
** Jefferies sees potential upside for Imdex IMD.AX , NRW
Holdings NWH.AX and has "high expectations" for Seven Group
SVW.AX among Australian mining services contractors heading
into earnings season
** As a group, mining services stocks have underperformed
over the last 12 months, says Jefferies
** Says stocks that outperformed have exposure to
exploration cycle like ALS ALQ.AX and Imdex or have a
"dominant market position" like Sevenj
** Underperformers exposed to coal like Emeco Holdings
EHL.AX & NRW, competitive markets like Monadelphous MND.AX
or higher risk regions like Perenti Global PRN.AX - Jefferies
** Raises price target on IMD to A$1.6 from A$1.5; says any
share price softness from weaker FY20 result a "buying
opportunity" as fundamentals robust
** Hikes SVW price target to A$19.6 from A$16.0, given
stable customer demand and positive expectations in its Westrac
unit, an authorised dealer for U.S.-based Caterpillar Inc
CAT.N
** Cuts price target on Monadelphous to A$11.0 from A$14.0,
citing pressure from COVID-19 impact, impairment on discontinued
NZ Water operations and contract dispute with a large customer
(Reporting by Arpit Nayak in Bengaluru; Editing by Daniel
Wallis)
(([email protected]; +91 80 6182 3472) )
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