MAH 0.00% 28.5¢ macmahon holdings limited

Under The Radar, page-197

  1. 3,586 Posts.
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    When holders lose hope- it must be about to turn the corner.

    This is an unloved stock in an unloved sector. Its peers are all down near 12 month lows- and vulnerable to tax loss selling in May/June.

    On the other hand- I reckon this and peers are at about support levels.

    Going forward it will come down to the ability to pass on costs- rise and fall clauses rather than fixed contracts. It comes down to how well debt has been managed for the long term- and the ability to service it.

    I do not know this one as well as some others- the lack of liquidity keeps me out to some extent. If it gets belted by shorters/tax loss selling then I could have a look again- all else being equal.

    It looks to be well managed- not the worst- I like the sector.

    IMHO DYOR
 
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