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MAH 22.5¢

On the fence

  1. UtahSaints

    421 Posts.

    Ive been tempted to buy MAH for some months now but still sitting on the sidelines...some posts here lately very "optimistic"....the $30m on $1b revenue last year is simply irrelevent looking forward....both the Chair and CEO said in their AGM addresses in early November that this years revenue would be closer to $750m with lower profitability due to "significant headwinds", "tightening across their markets", "shortage of new work" etc etc....and getting paid out at par or close to out of Mongolia??!! Pleeeease.....the guys up there are a law unto themselves (Gengkis Khan was their founding father for crisaake!)...anyway, I like Jim Walker - good solid operator with lots of success at Westrac for Kerry....i'm going to see of they win the pilbara tender before i invest....all imo of course, and as always glta.....

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