MRM mma offshore limited

Thanks for sharing Wombat. I too was pleased to read...

  1. 3,147 Posts.
    Thanks for sharing Wombat. I too was pleased to read confirmation of 1/2 yr profit figure, based on that figure it looks like a full year NPAT of approx $75m, EPS 20c, Div 10c.

    However, the big question mark is future contracts. The market is forward looking and if there is no growth or if contracts are coming to end with no replacement then problems are clear.

    Did the company representative give any indication of outlook beyond this FY?

    Overall I'm positive and believe it is largely speculative selling on oil worries, as indicated in your comments. Once that is cleared it could easily bounce back - on the proviso no skeletons come out of the cupboard.
 
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