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Shares / Master Drilling (MDI)
« on: July 08, 2013, 03:45:08 am »
Guys watch this one.
They pretty much have world monopoly on drilling out large diameter holes on mines. They are good at what they do and have cutting edge R&D (excuse the pun
)
Most of their income comes from offshore (40% in South America) so its a nice hedge against the Rand as well.
They have already issued a profit warning, I think its going to be a winner.
They pretty much have world monopoly on drilling out large diameter holes on mines. They are good at what they do and have cutting edge R&D (excuse the pun
) Most of their income comes from offshore (40% in South America) so its a nice hedge against the Rand as well.
They have already issued a profit warning, I think its going to be a winner.