Forager funds is a value funds manager....interesting take on mining service companies
https://foragerfunds.com/news/cost-pressures-slam-contractors-and-maybe-the-rest-of-the-country/
I'm not sure how these contracts are written - the 1H21 results seems to indicate that NWH bears the immediate costs, but on renewal they price in the expected higher costs so perhaps margins & profits will improve in the 2-3yr period, but not in the 6-18mth timeframe when they are still executing on their exiting contracts/pricing. Would that be a fair assessment?
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$3.20 |
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No. | Vol. | Price($) |
---|---|---|
1 | 318 | $3.19 |
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Price($) | Vol. | No. |
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No. | Vol. | Price($) |
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1 | 318 | 3.190 |
3 | 4295 | 3.180 |
6 | 26327 | 3.170 |
2 | 5713 | 3.160 |
3 | 12811 | 3.150 |
Price($) | Vol. | No. |
---|---|---|
3.200 | 7448 | 2 |
3.210 | 7685 | 3 |
3.220 | 7159 | 2 |
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