MAH 0.00% 37.5¢ macmahon holdings limited

1- Mid may forecast loss $10-$20m. Actual loss $29.5m 2- Mid may...

  1. 9 Posts.
    1- Mid may forecast loss $10-$20m. Actual loss $29.5m
    2- Mid may forecast NPBT for mining services "in excess of $85m". Actual $69.5m
    3 - Forecast no net debt at time of $81m raising. Actual net debt 30 June 13 - $62m
    4 - Forecast Mid May Fy14 revenue - $1.4bn with "80% secured". Current forecast for FY14 - $0.9 - $1.2bn but "remains at risk"
    5 - Forecast mid may - no impact from sale of construction business in FY14. Current statment that cash outflow from sale runoff - $30-$40m

    Took my losses this morning after finally losing faith. Why would anybody believe anything this Board and management said anymore?
 
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