McGrath Limited

ASX:MEA

McGrath Limited

ASX:MEA
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$0.605 (+0.8%)
Last close price
#201
Rank
1
Held by
7
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Mujo
Company Report
Last edited 2 years ago
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#7
Performance (34m)
-0.7% pa
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55
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Mujo
Added 2 years ago
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AGM Trading update with guidance for $10-$11M EBITDA expected in the 1H22. If MEA achieves that and does the same in 2H22 should have about half the current MC in cash.

Much depends on the property market for sales but the rent roll from property managemnet has an estimated value of $50M - so almost getting the property sales division for free once cash and property management division is taken out.