What a great company.
Strong financials and future contracts.
Is there a possibility that the weakness in SP is attributable to the wider lack of skilled workers/affordable workers in AUS?
With this in mind the whole mining sector may experience stunted growth and companies could see lower incomes.
My thoughts have gone in this direction because i cannot see any other reason for MAH to be this undervalued.
The actual EV is below the market cap thanks to the $143M in cash that MAH has. This is not common.
It should in my mind be trading for at least the equity value of the business, or $0.25 per share.
Would make for a nice 25% profit if the market would agree with us.
This would put the dividend at 2% to 2.5% working of previous dividends.
This should however increase over the next year with the increased order book.
I do think that this will be back to its book value within 12 months, if it remains at this price I will consider becoming a holder if I happen to have capital available.
What a great company.Strong financials and future contracts.Is...
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Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $624.9M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.5¢ | 28.0¢ | $900.0K | 3.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61864 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 18769 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |