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Emeco revises down full year forecast

Mining services company Emeco Holdings has revised down its full year earnings forecast as it books a 30 per cent lift in half year net profit after tax of $39 million.

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Clearwater, Florida
Wow! This is great news, the first one I have heard in a long while. I don't know anyone else that earned that much during the second half of last year. You are doing excellent work and no wonder because now you are looking ahead and working on the volatility that is present. I know everyone is in trouble these days. No one is really immune from the ramification of this credit crunch we are in. Evelyn Guzman http://www.debtchallenges.com (If you want to visit, just click but if it doesn’t work, copy and paste it onto your browser.)

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
201stEmeco Holdings22%-3%
241stUnited Overseas Australia14%10%
290thVietnam Industrial Investments5%27%
353rdAustralian Finance Group-1%0%
379thSouthern Cross Electrical Engineering-6%-4%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

28/08/18
$0 Bought
28/08/18
$0 Other
25/05/18
$23k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

13th↓Australian Finance Group$582.6m
14th↑United Overseas Australia$458.7m
15th↑Emeco Holdings$383.2m
16th↑Vietnam Industrial Investments$380.0m
17th↑Southern Cross Electrical Engineering$351.3m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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