Understanding the Investment Case for Murray & Roberts after losing its Australian Businesses
Murray & Roberts was hard hit by the pandemic. Today the Group looks very different to its pre Covid structure. CEO Henry Laas takes time to explain the what, where and how of Murray and Roberts as it stands today.
The investment case? Well Laas says for new investors the stock is trading at 2.20 /2.30 and the Net Asset Value is R5.00 a share. Notwithstanding that the group has long traded at a small discount to NAV today Murray and Roberts is trading at a substantial discount to NAV and that is the opportunity.
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