Investor Briefs - Local enigineers pick up major contracts

THE operator of the North West Shelf joint venture, Woodside, has awarded a site preparation and temporary facilities contract for the train 5 liquefied natural gas (LNG) expansion, worth $50 million, to local engineering firm Macmahon Contractors, a division of Macmahon Holdings.Site preparations will commence near Karratha in August, with the contract to be managed by train 5 engineering and procurement joint venture partners Foster Wheeler and Worley Parsons.The scope of work for the 12 month contract includes earthworks to prepare foundations for the train 5 expansion, design and construction of water and sewer systems as well as structural steelwork and road relocations and construction. Macmahon chief executive Nick Bowen said the contract added to its existing strong order book, which now includes over $625 million of secured work for the 2006 year.Another Perth-based engineering firm, Monadelphous Group, has been awarded a major construction contract worth $65 million by BHP Billiton Iron Ore for structural and mechanical works at the Nelson Point and Finucane Island facilities in Port Hedland.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/08/18

1 year TSR5 year TSR
101stNRW Holdings96%12%
185thMacmahon Holdings43%15%
737 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$13k Sold
$21k Bought
$80k Bought
Total value as at the date of the transaction
Source: Morningstar


10th↑Macmahon Holdings$714.9m
11th↑NRW Holdings$685.4m
237 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Macmahon Holdings

645thJim Walker$178k
512thEva Skira$98k
894thVyril Vella$98k
Ranked by total remuneration from all listed WA companies

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