–
Potential Buy Entry Alert to Watch MAH
Time Frame : Daily/Weekly
Sector : Materials/Industrials
Key Stats : $581.85 Million Market Cap, VWAP 0.27, ASX Ranking 352, 4 Week Av Turnover $252,688, Current Turnover Intraday $573,994 (2:36pm AEDT), PE 12.3, Div Yield 1.85%.
Company Overview : 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.
Broker Consensus : BUY
–
MAH – Macmahon Holdings Limited
MAH has pulled back from the recent push up to 0.295 in a controlled manner suggesting that there is more upside to come from the bulls. We are now watching for a minor higher low to hold around current levels to jump on board for a push up through 0.30 highs. Price is in a prime position for continuation of the short and longer term trends.
–
Stock Code : MAH – Macmahon Holdings Limited
Company Website : www.macmahon.com.au
Current Price : 0.275
Status : On watch for potential higher low and push up through 0.30
–
