MAAS Group Holdings Limited

ASX:MGH

MAAS Group Holdings Limited

ASX:MGH
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$4.69 (+0.6%)
Last close price
#138
Rank
6
Held by
15
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zerocool
Company Report
Last edited 2 years ago
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ranked
#250
Performance (29m)
10.0% pa
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#ASX Announcements
stale
zerocool
Added 2 years ago
View author's company report

Big (positive) reaction to ASX notice today confirming expectations of 1H earnings up 60% vs pcp ($64m-$66m vs $40m pcp). Also reconfirming full year earnings guidance (150m-180m): https://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-research/1.0/file/2924-02629547-2A1429815?access_token=83ff96335c2d45a094df02a206a39ff4

SP up 10% at open. Disc. held here and IRL.

#ASX Announcements
stale
zerocool
Added 2 years ago
View author's company report

Missed this news yesterday, but Maas is doing a buy back, up to 10%. From the ASX announcement:

3D.1 Any other information the entity wishes to notify to ASX about the buy-back

MGH intends to buyback up to 10% of ordinary MGH shares on market. Please refer to MGH ASX announcement titled 'Capital Management Update - Proposed Share Buyback' released on 20 December 2022.

http://www.aspecthuntley.com.au/docserver/02614750.pdf?fileid=02614750&datedir=20221220&edt=MjAyMi0xMi0yMSsxMzo0NjoxMCs0ODArNDgwNTU2K2FuZHJld3dlc3QrcmVkaXJlY3QraHR0cDovL3d3dy5hc3BlY3RodW50bGV5LmNvbS5hdS9pbWFnZXNpZ25hbC9lcnJvcnBhZ2VzL3BkZnRpbWVvdXQuaHRtbCtodHRwOi8vd3d3LmFzcGVjdGh1bnRsZXkuY29tLmF1L2ltYWdlc2lnbmFsL2Vycm9ycGFnZXMvcGRmZGVsYXllZC5qc3A=