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Do you think a 3% EBITA margin is good?

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mrposhman

1,665 Posts.

385

21/01/22

09:46

Post #: 59031239
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Originally posted by JPGuru: ↑

Mate, not sure what meant to say by MACA almost lost money in construction but if MACA lost money in construction doesn't mean the industry is worst then mining or bad.. IMO.

lots of construction companies listed on ASX would be closed by now, if it was that bad but yes employing dumb people sometime make companies loss money and sometime bad time but diversifying in construction is all about getting revenue from different sector to diversify and MACA can use majority of their equipment and trades on construction projects as well... IMO.

Mining and construction both are capital intensive but mining is much more then construction unless you are in rail sector which probably also requires specialist equipment investment... IMO.

Maca's better Margin on Mining doesn't prove mining is more profitable then construction because they have been doing mining for donkey's years and know their stuff and they needed to take over mature construction business to diversify and improve margin on that one... IMO.

obviously selling RAT might make more money this days in NSW but MACA won't fit into that category ... !

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Do you think a 3% EBITA margin is good?

MLD Price at posting: 76.0¢ Sentiment: Buy Disclosure: Held
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