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Macmahon investor boosts stake

Macmahon Holdings’ second-largest shareholder, Forager Funds Management, has increased its stake in the Perth company by securing $10.6 million worth of shares.

Macmahon told the market today that 71 million of its shares, representing 5.9 per cent of its total shares on issue, were traded on the market at a premium to bidder CIMIC Group’s 14.5 cents per share takeover offer price.

At Macmahon’s share price today of 15 cents each, the shares are worth $10.6 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/17

1 year TSR5 year TSR
101stNRW Holdings144%3%
115thMacmahon Holdings120%-4%
255thFleetwood Corporation37%-21%
407thUnited Overseas Australia8%15%
585thVietnam Industrial Investments-20%28%
727 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/10/17
$13k Sold
29/06/17
$21k Bought
13/06/17
$80k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

15th↓United Overseas Australia$425.5m
16th↓NRW Holdings$370.3m
17th↓Macmahon Holdings$366.5m
18th↑Fleetwood Corporation$330.1m
19th-Vietnam Industrial Investments$315.5m
231 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Macmahon Holdings

756thJim Walker$178k
606thEva Skira$98k
1033rdVyril Vella$98k
Ranked by total remuneration from all listed WA companies

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