Maxitrans is currently at a significant support line at 39/40 cents, support that goes back over 4 years.
Every time from here it has rallied significantly.
The CEO has to be the most conservative out there as he always under promises and always over delivers.
His last update he highlighted the election worries /N.Z slowdown and yet still forecasts a significant increase in profits.
The current dividend is yielding over a staggering 10%. Sure this MAY be reduced but if not then it's a great income.
The p/e is a very undemanding 9.9.
The best thing is this stock is barely spoken about so no punters looking for a quick buck.
Buy and forget it!
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Last
$2.55 |
Change
-0.010(0.39%) |
Mkt cap ! $141.3M | |||
| Open | High | Low | Value | Volume |
| $2.58 | $2.60 | $2.55 | $22.26K | 8.609K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2941 | $2.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.60 | 18402 | 3 |
View Market Depth
| Last trade - 16.10pm 05/09/2025 (20 minute delay) ? |
| MXI (ASX) Chart |