MAH 1.82% 27.0¢ macmahon holdings limited

Bots been churning this down forever totally in control.Still...

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    Bots been churning this down forever totally in control.

    https://hotcopper.com.au/data/attachments/4354/4354366-9069ae3b667c0edef4266b787a54bce0.jpg


    Still nothing from management on Batu, getting ridiculous.

    Just nothing really at all from management, it's real easy to say dividends are average because of capital expenditure but that's part of the game you can't expect shareholders to to cop the brunt of expansion we are not here to subsidise growth.

    The fact is MAH has doubled revenue over the last five years and sp remains the same 15.5 cents, dividends are below CPI.

    It's easy to undercut the market to win contracts and say look at all this new work we have but not generate enough coin for decent dividends for shareholders. Dividends is what drives SP for a stock like MAH nothing else BATU announcement is way overdue, haven't seen an interview for a couple of years.

    Meanwhile sp is void of retail and brokers are just slapping the sp around at will, when they decide they will run it up get some positive media to draw in some suckers and cash out. I have been very patient here for a while but I will be jumping on their coat tails and cash out as soon as I can.

    It's a lifestyle company for management and employees never payed a decent dividend and not looking like it will, management don't understand the game, contracts are clearly to low to generate a profit in the form of dividends. Hopeless.


    https://hotcopper.com.au/data/attachments/4354/4354439-a8ec9db11552b7a5ccb35b94818100d7.jpg




 
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Last trade - 16.10pm 23/05/2024 (20 minute delay) ?
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