MSV 4.55% 42.0¢ mitchell services limited

Ann: Quarterly Investor Update, page-32

  1. 1,201 Posts.
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    Disappointing, Pricing action was looking good until this blow. Management better look at whats happened and make sure any potential future loss is minimized.

    Company is looking cheaper today and a few steps back to our share price rerate, but at this level it looks very cheap. We still generated a profit and cash flow for the quarter after this loss. Not a bad time to enter or top up.
 
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