I think MMS will see a strong recovery over the next 24months,
they were one of the only leasing businesses not to fire most of their staff, so the ramp up period for them will be shorter and it actually represents an opportunity to pick up more business.
Additionally, as much damage as the changes have done in the short term, it has raised a lot of awareness in the public of the potential benefits of salary packaging which may down the track improve growth in the area.
Obviously there will be a lot of short term damage - i think FY14 EPS will probably be lower than FY13's, but past that i have a lot of confidence
mcmillan breaks silence, page-6
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Last
$17.20 |
Change
-0.090(0.52%) |
Mkt cap ! $1.197B | |||
| Open | High | Low | Value | Volume |
| $17.33 | $17.71 | $17.20 | $6.610M | 379.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5980 | $17.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.41 | 772 | 1 |
View Market Depth
| Last trade - 16.10pm 22/05/2024 (20 minute delay) ? |
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Last
$17.29 |
Change
-0.090 ( 0.23 %) |
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| Open | High | Low | Volume | ||
| $17.31 | $17.71 | $17.28 | 39743 | ||
| Last updated 15.59pm 22/05/2024 ? | |||||
| MMS (ASX) Chart |