MXI 2.76% $1.94 maxiparts limited

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  1. 1,441 Posts.
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    Yes great result.

    I was expecting around the 14mill mark for NPAT so the 16mill figure is a cracker. The divvy yield is awesome aswell.

    Outlook statement didn't read all that positive, but I feel that the wording towards the end was slightly more positive. Continued growth wont be easy in the current market so I'd say they are intentionally down playing so as not to create too much expectation. They mention lowering oil price and interest rates towards the end and they expect increases in bookings as we move towards september (If i remember corretly...I quickly read it). I'm more than happy to sit and hold these for the long term with a great divvy yield and low PE ratio.
 
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