We visited the management of Macmahon Holdings (ASX:MAH) in Perth this week. It is one of GC1’s largest holdings and in the wake of some downgrades in the sector and chatter about union disruption, labour and equipment tightness we though it prudent to see how they are viewing current conditions.
It’s been a tough couple of weeks in the markets and with that in mind we thought it worth commenting on a few of our stocks. Nobody has been immune to the sharp sell-off but some have been more affected than others. Sensitivity to news or even innuendo is red-hot at the moment.
Oil and Gas … Latest Buzzwords? Buoyed by rising prices these two sectors are creeping back into the conversation … well, much more than they have in recent years but still not at the frenzied levels we have seen in the past. For the oil sector this is a chance to make things happen while there is cash around.
ne of three listed credit collection agencies, Pioneer is the newest and, until recently, the smallest (it has recently surpassed stalwart Collection House (ASX:CLH) by market cap). It has brought a clean reporting standard and claims of a higher quality debt purchasing benchmark. The proof will turn out over time (or not) as we see the longer-term collection success rates, but so far, so good.