What I like is that MLD actually has room to worsen and it would still be undervalued. It has big stable clients and from what I understand (please correct me if I'm wrong) aren't swimming in debt so would easily survive any hiccup without any real worry anyhow.
I think if next 1/4ly or half yearly can continue to illustrate consistent margins and rolling over business (even if there isnt huge profit growth) we'll see this trend continue.
Just my opinion
MLD Price at posting:
$1.94 Sentiment: Buy Disclosure: Held