mcs down but not a knockout mcs will recover

MCS down but not a KNOCKOUT

MCS will recover as soon as they fix/address these issues below ..

McAleese Limited (ASX:MCS) has revised down its revenue by $9 million and its earnings before interest, tax depreciation and amortization by $7 million...( but still has massive strong revenue )


The transport and logistics provider has blamed the fall in
revenue on lower than expected fleet availability due to...
.. vehicle inspections restricting access to trucks...

for the Cootes Transport business, rising maintenance costs in the resources division and a decline in demand its specialized and lifting division....

CEO Mark Rowsthorn says ...they are ADDRESSING PERFORMANCE issues through RAMPING UP resources for BULK HAULAGE, through the SALE of NON-CORE assets and through COOPERATION with regulators to ADDRESS stoppages due to vehicle CHECKS.

24/Feb Half Year Results and Group Overview presentation

Shows with $150m mcap at 44c and with EBIT of $70m in 2014...its a good buy around 40c,just for the HALF YEAR DIVIDENDS alone !

http://www.aspectfinancial.com.au/docserver/01494283.pdf?fileid=01494283&datedir=20140224&edt=MjAxNC0wNC0xNysxMTo1ODo0NisxMjArNjY2Mjk5MTIrZXRyYWRleG1sK3JlZGlyZWN0Ky9pbWFnZXNpZ25hbC9lcnJvcnBhZ2VzL0V0cmFkZVBERlRpbWVvdXQuaHRtbCsvaW1hZ2VzaWduYWwvZXJyb3JwYWdlcy9wZGZkZWxheWVkLmpzcA==&popup=true