MAD 1.63% $6.25 mader group limited

I think the US revenue is not significant enough to be impact by...

  1. 38 Posts.
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    I think the US revenue is not significant enough to be impact by the infrastructure bill. However, I think a bigger concern here are Evergrande and the recent crash in iron ore. This could lead to a lower production in iron ore hence lower demand for maintenance.

    But MAD seems to did okay in the last iron ore price crash as I outlined in my post. Plus it is still under my valuation, so it's a hold for me
 
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