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MACMAHON HOLDINGS LIMITEDMACMAHON HOLDINGS LIMITEDMACMAHON HOLDINGS LIMITED

MACMAHON HOLDINGS LIMITED

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MAH trade ideas

$MAH $MAH.ASX that Volume trying to say something$MAH $MAH.ASX that Volume Macmahon Holdings Limited (MAH) is an Australian company providing mining services to clients throughout Australia, New Zealand, South East Asia and Africa. Mining services range from mine development to materials delivery, design, construction and on-site services for mining companies, across a variety of base and precious metals and commodities. MAH provides surface mining, underground mining, engineering, and plant and maintenance.
ASX:MAHLong
by Abbas39
MAH.ASX Ascending Scallop and a Bounce Off The 200 Week MAits pretty scraggly looking, but I'm certain that's an ascending inverted scallop. The bounce off the 200 week MA gives me confidence that this could be moving upwards and beginning a new trend. However before I get in on that trend I would lke to see a close or two on the weekly candle above the level of resistance I've got drawn in. That would then turn into a stop loss. Otherwise I think this will return back to the 200 MA; its already pushing pretty hard against those upper Bollinger bands. The purple dotted line is a rough guess as to where I believe the new trend line will be established. It is important to keep in mind that MAH has been in a long down trend so this trade is only a 50/50. This may just be forming large consolidation zone instead.
ASX:MAHLong
by MadButcherWA
Macmahon - Strengthening Mining Services Sector Buying at 20c, not overly expensive, good work in hand and strong pipeline of projects subject to tender. Mining is strengthening with growing optimism. Company P/E Ratio 15.46 P/B Ratio 1.23 P/S Ratio 0.68 Previous Close 0.23 52 Week High 0.28 52 Week Low 0.20 10yr 5yr 1yr 2yr Forecast Sales -19.5% -21.7% 14.1% Cash Flow -6.6% -14.0% 102.4% Earnings -7.5% -19.0% 944.4% -- Dividends -- -- -- -- Book Value -8.4% -9.7% 22.8% 1H19 HIGHLIGHTS Significant uplift in financial performance • 1H19 Revenue of $542.2m, up 101% on 1H18 • 1H19 EBIT1 of $39.9m, up 311% on 1H18 • 1H19 EBITDA1 of $89.1m, up 94% on 1H18 • 1H19 NPAT1 of $32.3m, up 304% on 1H18 • Underlying basic EPS1 of 1.53cps, up 273% on 1H18 Outlook Reaffirm FY19 Guidance and strong outlook • Significant order book of ~$4.8 billion • Healthy tender pipeline of ~$7 billion • Forecast net debt position of $25 million to $35 million at June 19 • FY19 expected Revenue of $0.95 billion - $1.05 billion2 • FY19 expected EBIT of $70 - 80 million2 Profile Sector: Basic Materials Industry: Mining Support Services & Equipment Employees: 3913 Macmahon Holdings Limited (Macmahon) is principally engaged in the provision of contract mining services. The Company has three operating segments: Surface Mining, Underground Mining and International Mining, which are aggregated into the Mining segment. The Mining segment operates in two principal geographical areas, including Australia and Overseas. The Mining segment provides a range of mining services for surface and underground operations, from mine development to materials delivery, which include a range of engineering services, including design, construction and on site services to deliver on client needs from the design phase to completion. The Company offers various services, including surface mining; underground mining, and plant, maintenance and engineering. Macmahon's Mining Services business provides a range of services, including drilling, shotcreting, raise drilling, shaft sinking and engineering design to various projects.
ASX:MAHLong
by Bipolar_trader