Thanks Rastus! Climatic volume hasn’t happened so far yet ....

Thanks Rastus!
Climatic volume hasn’t happened so far yet . Maybe it won’t today .
But if the price gets down to 72c (more than 9% return if divvy continues) and there’s signs of a climatic I might have to sell out of some long term other shares to lower my average here.

Maca isn’t a bells and whistles kind of company it’s just a work horse with a good reputation.
Thst’s not a bad thing in these exciteable times
Nor is seeing the company fall now to levels which may hold secure even if there is further grief in the wider market .

In the chairman’s address he said :

“Group revenue is forecast to increase by approximately 10% to $620 million, of which 95% is contracted. The second half financial performance is expected to be stronger due to the commencement of new projects and delivery of new fleet.

Importantly, the revenue growth includes a significant, and deliberately pursued, diversification component which both lowers MACA’s overall risk profile and provides a broader platform to underpin future growth.
MACA remains financially strong with a net cash position and work in hand currently at $1.9 billion.

...then a long list of happy clients and good work .
Reassuring.
Also
“....Pleasingly, MACA Civil was recently voted Number 1 Contractor from 16 participants in a VicRoads internal survey measuring supplier quality and satisfaction. This bodes well for MACA Civil to grow and foster our relationship with VicRoads.”
https://hotcopper.com.au/documentdownload?id=uOMxKKzFkiWRTLKhOROKAxjvTDYD4we+zhGZrft9ke92GA==