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MLG Oz (MLG) – Navigating The Dip

    Home Latest Research MLG Oz (MLG) – Navigating The Dip
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    MLG Oz (MLG) – Navigating The Dip

    By Wendy McEvoy | Latest Research | 0 comment | 7 February, 2023 | 0

    We initiate on MLG to assess whether the extent of the share price fall is warranted. We address reasons for underperformance, noting the current earnings dip asks questions of cash flow and the balance sheet. A margin recovery, which we pencil in beginning this half, should result in a turnaround in currently weak financial metrics. This potential more than compensates for the risks and leads us toward a BUY call.

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