Investor Wag Informal Investment Insights

Posts Tagged “mining-services”

Brief thoughts on a few FY12 results

Supply Network Limited (ASX:SNL) A strong result was posted with revenue and profit up 20.3% and 57.8% respective. NPAT coming in at $3.95m or 11.58cps and the annual dividend is...

Too cheap to ignore?

Which company: Recently posted 38% yoy revenue growth and a record profit result Has a good ROE of 20%, decent balance sheet and good cashflows With a record order...

'Tis the season for guidance updates

Companies are readying their annual reports at the moment and guidance updates are hitting the market. A couple came through just today... Structural Systems Limited (ASX:STS) FY12 NPAT is...

Bowing out

Forge Group (ASX:FGE) founding directors exercised their $5.60 put options yesterday - delivering Clough (ASX:CLO) 3.25m additional shares. I had mentioned this upcoming decision previously. The move...

Tomorrow's forecast, clouds clearing

Just some quick comments on Structural Systems' (ASX:STS) half yearly results released Wednesday 29th February. The result was solid with the company posting a NPAT of $4.87m (7.62cps),...

MACA Limited (ASX:MLD) keeps on trucking

I don't have a lot to say about this one. Half yearly is out and earnings are up 9% against previous corresponding period - on track to grow revenue by...

Lacklustre half yearly, but the future is bright

A lacklustre half yearly result from Forge Group (ASX:FGE) on Thursday: Revenue up 12% on the previous corresponding period to $227.8m NPAT remain unchanged at $21.2m (25.4 cps) Dividend...

While we wait for the results...

For those interested, I made a comprehensive post in relation to Structural Systems (ASX:STS) on The Boat Fund site. The company reports the half yearly in less...

An extra six month of thinking time

Since we last spoke on Forge Group (ASX:FGE), both the employment contracts for two of the founding directors and the final date to exercise the $5.60 put...

Forge upside capped at $5.60 in a Clough takeover situation?

The Australian Financial Review published an article yesterday about the likelihood of Clough Limited (ASX:CLO) bidding for the rest of Forge Group (ASX:FGE). I guess the market is excited about...

Structural Systems (ASX:STS) provides update during AGM

A few pieces of news have come up during the AGM held on Thursday 24th November. The main noteworthy item is the NPAT forecast of $4.5m - $4.9m (EPS 7.0...

Bad news comes in threes?

Matrix Engineering's (ASX:MCE) share price has been cascading down since we last spoke. Unfortunately the situation has gotten worse. Management have revised their FY12 revenue guidance growing 20% to...

Structural Systems just about out of the tunnel

Structural Systems (ASX:STS) today reported FY11 results with further evidence that the company is on the verge of hitting its stride. The bottom line result itself was not of particular...

Time to take an interest in Forge?

Forge Group's (ASX:FGE) FY11 results came out last week and it's business as usual. Growing well, cash building up, strong order book ($355m after the last couple of contracts), JV...

Uncertainty around Matrix

Matrix Composites and Engineering (ASX:MCE) manufacture buoyancy devices for offshore oil and gas producers and explorers. I collected a handful of stock over the last couple of weeks during...

MLD: MACA Limited

Mining services company who's services include contract mining, loading and hauling, drilling and blasting, crushing and screening, and civil infrastructure requirements. Many of these services appear to be operation types,...

Structural Systems Market Update (ASX:STS)

A solid profit guidance from Structural Systems this morning. The current FY11 NPAT guidance is between $4m and $4.5m. This means that the second half result was slightly better than...

STS: Structural Systems Limited

First entered the stock around 9 months ago and price action since hasn't been going my way. Structural Systems is an engineering company in mining services, civil and construction. The...

FGE: Forge Group

Western Australian mining services company. Held a position in this company for 1.5 years and sold recently due to a profit forecast that while still good, was below my personal...