MAH 3.57% 27.0¢ macmahon holdings limited

morning star were right, page-3

  1. 6,591 Posts.
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    Hmm...

    The company is generating a 4% profit on its revenue from continuing operations and should now have a nice platform to post $40M+ NPATs over the next financial year or two. MAH has a market cap less than $200M and a net debt of $30M.

    But still, the market continues to sell this thing off.

    Wait for a base in my opinion before jumping in. MAH has a history of falling strongly before bad news is released to the public. If the company is being fully transparent at the moment then this is a steal, but somehow I have my doubts. Some other contractors have bounced back over the past few days while MAH continues to get hammered. Market sentiment can only steer a stock so far before others matters have to start playing a part.
 
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Last
27.0¢
Change
-0.010(3.57%)
Mkt cap ! $581.8M
Open High Low Value Volume
27.5¢ 27.8¢ 27.0¢ $341.5K 1.250M

Buyers (Bids)

No. Vol. Price($)
1 159949 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 70401 3
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Last trade - 16.10pm 17/07/2024 (20 minute delay) ?
MAH (ASX) Chart
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