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0.16% $6.10 mader group limited

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

  1. WhealthyNinja
    38 Posts.
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    03/10/21
    12:00
    Post #: 56528096
    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
    MAD Price at posting: $1.57 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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