I was first alerted to MIL by a Rivkin advert on US site Marketwatch a couple of months ago. Read posts by tbecker101 but it was the profit guidance on 4th July that really got me interested. Placed order at 1.075 and it eventually filled. Have another order in queue at $1.025 but its looking doubtful and mkt seems to finally be noticing this cleaning company but vols are still woeful.
In the recent guidence company (imo) fudged the figures a bit to get NPAT at 6.8m. I'm using 6.3m which means with 46m shares an EPS of 13.7c. At 1.075 equates to PE of 7.85. Confirmation of solid order book provides degree of confidence.
I was first alerted to MIL by a Rivkin advert on US site...
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