to join the discussion
MDI at R16.45 is still trading at a decent discount to Shaft Sinkers on a P/E basis, though the drilling services space has been under pressure from capex pullbacks. Revenue growth has lagged peers like Tradehold, but the dividend yield makes it worth a second look if you're pati
MDI down 2.66% today to R16.45, but still trading at a decent discount versus Barloworld's valuation multiples on comparable industrial exposure. The drilling services angle gives it different cyclical dynamics than pure logistics plays, so not a direct apples-to-apples, but wort
MDI down 2.94% today but still trading at a reasonable multiple compared to Oceaneering and TechnipFMC. Drilling services remain cyclical, so this dip might be noise for the sector.
MDI down a fraction today but the drilling cycle is picking up momentum. At current levels the yield looks respectable if they can maintain capex discipline, though the balance sheet needs watching given commodity exposure.
mdi closed at r17.50 which is still sitting well below the highs we saw earlier in the year. drilling services stocks are cyclical but master's got steady work from the big gold ops and thats not going away anytime soon. balance sheet looks solid compared to peers, cash generation is real not just promises. if gold keeps holding up and load-shedding doesnt wreck the mines completely, this could quietly move higher without much fanfare.
mdi sitting at r17.50 and honestly the drilling services story is solid if gold stays bid. their utilisation rates have been climbing and they're not carrying the debt load some of the other industrial services guys are. long game here is mines need to keep exploring and mdi's got the kit to do it. frustrating as hell though watching it trade sideways when the fundamentals are improving.
MDI's 3.78% slide today is interesting given the offshore drilling cycle showing signs of life. At these levels, the risk-reward looks decent if you believe the energy capex recovery thesis holds water, but I'd want to see the next quarterly numbers before adding exposure.
Master Drilling down 3.78% today to R1655 but the longer-term picture depends heavily on whether management can convert their African drilling exposure into consistent cash generation. The offshore drilling cycle remains choppy and the stock's valuation will only re-rate once we
Master Drilling's valuation at R1720 offers limited margin of safety for a cyclical business with lumpy cash flows and capital intensity that demands disciplined allocation over five-year commodity cycles. The embedded value in contract backlogs requires scrutiny on execution ris
MDI flat at R1715 suggests the market is digesting last week's commodity price action; with offshore drilling capex cycles typically lagging crude by 6-9 months, we need WTI to hold above $75 to see meaningful upside, else this trades range-bound until we get clearer Fed pivot si
MDI down 2.29% to R1661 today, but drilling services remain critical to our mining infrastructure renewal. If government actually accelerates those concession projects we keep hearing about, this sector gets a proper tailwind rather than just existing on commodity cycles.
Master Drilling GRP LTD -2.3% today to R1661.00. Who's buying this move and who's selling?
Fundamentals on Master Drilling Group (MDI) still intact. The macro noise is creating an opportunity.
MDI up nearly 6% today but still trading below R1800 resistance. Need to see if this drill services bounce holds or if it's just relief on softer rand.
MDI up 5.94% to R1749 today—someone's betting on drilling recovery. Question is whether this sticks or just relief bounce.
MDI up 5.94% to R1749 today while most industrials are flatlined. Wondering if this is just catch-up or if they've finally got traction on those offshore contracts.
MDI at R1749 up nearly 6% today is catching some momentum, but I'm waiting to see if this holds above R1750 before getting excited about a sustained recovery. The drilling services space is cyclical as they come, and unless we're seeing real contract wins coming through, today's
MDI breaking through R1671 on a 1.21% pop - finally seeing some momentum in the drilling services space after months of treading water.
Current R 16,00 — 50% of range
Fundamentals sourced from JSE disclosures. Updated quarterly.