MND - Monadelphous Group

BraceFace · 25 September 2006

OK, I've done a search and there doesn't seem to be a thread for this company.

This one has been on my watchlist for a while and appears to be good value at $6.00. Has been up to $7.00 when the resource sector was booming.

This is one of those companies that is still resources driven but does not have the same volatility as a true resource/exploration company. In other words, commodity price fluctuations shouldn't have such an impact on the share price.

Would any one else be prepared to make a comment or observation about MND and perhaps suggest a buy, sell or hold rating?

Most brokers seem pretty bullish on it.

pacer · 25 September 2006

Re: MND - Monadelphous

Worked for them up north.....don't have the best rep on the planet as far as I'm concerned in that way....try to pay workers peanuts so get monkeys...hence the rep.

good luck....that was a few years ago, but I doubt they've changed much though.

michael_selway · 28 December 2006

Re: MND - Monadelphous

pacer said:
Worked for them up north.....don't have the best rep on the planet as far as I'm concerned in that way....try to pay workers peanuts so get monkeys...hence the rep.

good luck....that was a few years ago, but I doubt they've changed much though.

Hi do you own MND?

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 35.2 52.0 58.8 62.3
DPS 33.0 44.0 38.0 41.0

EPS(c) PE Growth
Year Ending 30-06-07 52.0 17.1 47.5%
Year Ending 30-06-08 58.8 15.1 13.1%

thx

MS

Lert · 28 December 2006

Re: MND - Monadelphous

MND has been good for me.. Bought for 3.96 in Sep. 05 and were 8.94 yesterday.. I must admit that the PE is starting to get a bit high but..

michael_selway · 20 February 2007

Re: MND - Monadelphous

Lert said:
MND has been good for me.. Bought for 3.96 in Sep. 05 and were 8.94 yesterday.. I must admit that the PE is starting to get a bit high but..

However EPS 37c for the half year

Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 35.2 53.9 59.8 65.1
DPS 33.0 44.0 44.5 55.0

Above expectations u think?

thx

MS

Halba · 20 February 2007

Re: MND - Monadelphous

2nd half to wind down - re read the ann

stock has already doubled mhkforever, lot of easy money has been made

michael_selway · 20 February 2007

Re: MND - Monadelphous

Halba said:
2nd half to wind down - re read the ann

stock has already doubled mhkforever, lot of easy money has been made

February 20, 2007
SURGE IN RESOURCES PROJECTS DRIVE RECORD PROFIT
· Sales Revenue $499.4M (+105%)
· EBITDA $48.7M (+134%)
· Profit after Tax $31.4M (+152%)
· Earnings per Share 38.5c (+147%)
· Final Dividend 22cps ff (+144%)

“However, with a number of projects ramping down, the second half is expected to see a return to a more normalised level of activity. Full year revenues for 2006/07 are expected to exceed $800 million – over 50 percent up on the 2005/06 trading result of $532 million.

“The flow of revenues from engineering construction projects will, however, continue to be heavily impacted by project timing and capacity utilisation. Any expectations of continuous year-on-year growth for this part of the business should be treated with caution."

They always understimate themselves!

thx

MS

Halba · 20 February 2007

Re: MND - Monadelphous

its clearly gone mhkforever why bother, focus on other stocks

michael_selway · 20 February 2007

Re: MND - Monadelphous

Halba said:
its clearly gone mhkforever why bother, focus on other stocks

They say 800 million in revenue full year, i think they will get 1billion!

They are the next Worley Parsons imo! They have alot of potential thats the problem!

thx

MS

Halba · 20 February 2007

Re: MND - Monadelphous

do you hold mnd mhkforever? why haven't you bought this thing earlier, it has run from $5 to $12 in a yr. No point buying now, worley is international hard to compare

i had 3000 of these, sold em coz they did nothing for ages

My response is to put lots of money in uranium stocks/metal stocks/iron ore and see how i go.

these resource companies have plenty left in the tank

michael_selway · 20 February 2007

Re: MND - Monadelphous

Halba said:
do you hold mnd mhkforever? why haven't you bought this thing earlier, it has run from $5 to $12 in a yr. No point buying now, worley is international hard to compare

i had 3000 of these, sold em coz they did nothing for ages

My response is to put lots of money in uranium stocks/metal stocks/iron ore and see how i go.

these resource companies have plenty left in the tank

I bought them at $6.50

thx

MS

michael_selway · 19 November 2007

Re: MND - Monadelphous

Halba said:
do you hold mnd mhkforever? why haven't you bought this thing earlier, it has run from $5 to $12 in a yr. No point buying now, worley is international hard to compare

i had 3000 of these, sold em coz they did nothing for ages

My response is to put lots of money in uranium stocks/metal stocks/iron ore and see how i go.

these resource companies have plenty left in the tank

Hi which iron ore stocks did u buy/hold?

Earnings and Dividends Forecast (cents per share)
2007 2008 2009 2010
EPS 71.1 73.0 81.4 92.6
DPS 66.0 66.0 73.0 75.0

Thanks

MS

Date: 6/11/2007
Author: Steven Scott; Mark Skulley
Source: The Australian Financial Review --- Page: 10
There are many mining corporations preparing for a possible change of governmentafter the 24 November 2007 election. In early November, it is believed thatcompanies such as Monadelphous, Minara Resources and Newcrest are planning aswitch from Australian Workplace Agreements (AWAs) to the non-union collectiveagreements under the Australian Labor Party's proposed industrial relations(IR) policies and law reforms. BHP Billiton has also offered five-year AWAs toits Roxby Downs staff in South Australia

shaunnell · 2 September 2008

MND - Monadelphous

It has been heading north over some time now and I cannot find the reason.
The companies own outlook was for 'average'.

Julia · 2 September 2008

Re: MND - Monadelphous

I sold this at the beginning of the year (when it stayed below the MA for some weeks) in order to protect profits. It's now about $3 higher so it was a pointless exercise. Ah, wish there was the occasional crystal ball available.

Calliope · 2 September 2008

Re: MND - Monadelphous

Julia said:
I sold this at the beginning of the year (when it stayed below the MA for some weeks) in order to protect profits. It's now about $3 higher so it was a pointless exercise. Ah, wish there was the occasional crystal ball available.

Its written in the stars Julia. Buy...the price goes down. Sell... the price goes up. A friend of mine says you can't go wrong by taking a profit. Still you can't help thinking of what might have been...

Julia · 2 September 2008

Re: MND - Monadelphous

Calliope said:
Its written in the stars Julia. Buy...the price goes down. Sell... the price goes up. A friend of mine says you can't go wrong by taking a profit. Still you can't help thinking of what might have been...

Indeed. And while I gnash my teeth over this and a similar situation with CPB, I remind myself of all the stocks where I did the same thing and they are now substantially lower. A sense of balance has to be found.

nomore4s · 17 February 2009

Re: MND - Monadelphous

Anyone else still following this stock?

I hold parcels in both my trading account and longer term investment account so take my view with a grain of salt as currently I'm biased.

Technically looks to be forming a base with $6.00 very good support - my trading parcel is based off this, want to see a break and hold (consolidation) above $7.00 and eventually $7.50 for a continued bullish view.

Fundamentally (not my strong point so will be pretty basic). They have just released some good half FY figures and look to be in a very strong position atm even considering they are in a market that could be hit very hard by the economic downturn (this is the only concern I have) but atm they have a very strong order book.

-Not a large amount of shares on issue - about 84 million
-Very low debt levels
-Strong cash position
-Currently doing a share buyback (while most other companies are issuing shares to raise money)
-Very good yield atm.

If they can weather the current storm without blowing its cash and keeping its debt levels low it could be a very good long term yield stock with good growth potential as well (my investment account). The next 6-12 months will be interesting.

michael_selway · 17 February 2009

Re: MND - Monadelphous

nomore4s said:
Anyone else still following this stock?

I hold parcels in both my trading account and longer term investment account so take my view with a grain of salt as currently I'm biased.

Technically looks to be forming a base with $6.00 very good support - my trading parcel is based off this, want to see a break and hold (consolidation) above $7.00 and eventually $7.50 for a continued bullish view.

Fundamentally (not my strong point so will be pretty basic). They have just released some good half FY figures and look to be in a very strong position atm even considering they are in a market that could be hit very hard by the economic downturn (this is the only concern I have) but atm they have a very strong order book.

-Not a large amount of shares on issue - about 84 million
-Very low debt levels
-Strong cash position
-Currently doing a share buyback (while most other companies are issuing shares to raise money)
-Very good yield atm.

If they can weather the current storm without blowing its cash and keeping its debt levels low it could be a very good long term yield stock with good growth potential as well (my investment account). The next 6-12 months will be interesting.

Yeah good results all round

MONADELPHOUS DELIVERS
ON PROFIT GROWTH FORECAST
· Sales Revenue $562.7M (+22.3%)
· EBITDA $57.5M (+11.9%)
· Operating Cash Flow $74.5M (+400.1%)
· Profit after Tax $36.8M (+14.9%)
· Earnings per Share 43.7c (+13.1%)
· Interim Dividend 30cps ff (+3.4%)
· Net Cash Position $129.7M (+187.5%)

Earnings and Dividends Forecast (cents per share)
2008 2009 2010 2011
EPS 77.2 87.0 76.9 73.0
DPS 72.0 75.5 74.0 65.0

thx

MS

nomore4s · 6 April 2009

Re: MND - Monadelphous

This stock has really taken off lately - up over $9.00 now.

I would like to see some consolidation over $9.00 now to build a stepping stone for higher prices. Probably be some resistance somewhere between the $10-$12 range.

I still like this stock long term but lets see what the next 12 months brings.

michael_selway · 6 April 2009

Re: MND - Monadelphous

nomore4s said:
This stock has really taken off lately - up over $9.00 now.

I would like to see some consolidation over $9.00 now to build a stepping stone for higher prices. Probably be some resistance somewhere between the $10-$12 range.

I still like this stock long term but lets see what the next 12 months brings.

Not bad this one but 10-12 is quite expensive, however it has been quite relaible this stock

Earnings and Dividends Forecast (cents per share)
2008 2009 2010 2011
EPS 77.2 86.7 82.1 80.5
DPS 72.0 75.0 74.0 65.0

thx

MS

MND - Monadelphous Group

BraceFace

pacer

michael_selway

Coal & Phosphate, thats it!

Lert

michael_selway

Coal & Phosphate, thats it!

Halba

michael_selway

Coal & Phosphate, thats it!

Halba

michael_selway

Coal & Phosphate, thats it!

Halba

michael_selway

Coal & Phosphate, thats it!

michael_selway

Coal & Phosphate, thats it!

shaunnell

Julia

In Memoriam

Calliope

Julia

In Memoriam

nomore4s

Commonsense isn't that common

michael_selway

Coal & Phosphate, thats it!

nomore4s

Commonsense isn't that common

michael_selway

Coal & Phosphate, thats it!

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