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0.00% $5.00 mmg limited

mmg undervalued. opinions please, page-5

  1. Antman4
    1,629 Posts.
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    25/10/08
    10:03
    Post #: 4428539
    Can't see why MMG wouldn't apply some of the $400m to a buyback.

    Even if earnings are 40c this year, we are talking a P/e of 4.5 times.

    Refinancing is not until June 2010 (US$143m) & Nov 2010 (A$841 - after repayment of $85m this year - i understand it is already made).

    lots of inaction by this mob!!


    See: http://www.macquarie.com.au/au/mmg/news/attachments/27_aug_08_results_presentation.pdf
    MMG Price at posting: $1.38 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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