This is a services company. We don't want them to have assets. Would you like them to build marble statues of all of their employees and put those down as net tangibles?
I expect a normalized return on equity against shareholder equity to come in around 12% within two years, and I further expect this company's sales to TRIPLE in a long term growth run that will extend at least four years, as various levels of NBN are built out.
This may not be a 10 bagger, but from where I bought it I expect 800% return.
MAH is a value play, selling near book. But return on equity is only 11% (SSM's 12% ROE looks a whole lot better when you are buying them at 1/3rd shareholder equity), and it's obviously going to suffer when the commodity boom ends. The chart looks nice. What do you think is the catalyst for them growing?
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Last
$1.36 |
Change
0.005(0.37%) |
Mkt cap ! $831.5M |
Open | High | Low | Value | Volume |
$1.35 | $1.36 | $1.34 | $31.84K | 23.63K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 2613 | $1.35 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.36 | 2120 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 3016 | 1.350 |
7 | 11123 | 1.345 |
9 | 12920 | 1.340 |
8 | 26783 | 1.335 |
9 | 36055 | 1.330 |
Price($) | Vol. | No. |
---|---|---|
1.355 | 2496 | 4 |
1.360 | 23207 | 10 |
1.365 | 36166 | 11 |
1.370 | 18879 | 9 |
1.375 | 6662 | 4 |
Last trade - 10.11am 17/07/2024 (20 minute delay) ? |
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SSM (ASX) Chart |