the problem/ or benefit? with this stock is that whilst there is heaps going on in the background, not much of it is shared with market till it's all done and dusted. So whilst it looks very likely that we will be building multiple plants in the USA by the end of the year that deserves a major rerate ,we may well just go sideways/down for months and then take a neck breaking run up to the next level all of a sudden as they announce its all finalized.
Not exactly comfortable investing despite the end outcome being so good. They are so discreet with such deals (such SSC deal popping out of the woodwork last year) that we may get no warning of the next one with ALCOA or Wacker either. Whats to stop them coming out this arvo with their first NMP contract notice that gives us re-rating profit implications?
It is frustrating but also brings a grin to long termers as it rewards loyalty and discourages ST investing. Wait till its all signed and miss the first half of the re-rate given recent MHM history. Or just wait till its all done in a few years and buy it for the dividends. Think I'll have my cake and eat it too.
MHM Price at posting:
$1.04 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)