$3.10

0.02 (0.65%)

Want access to our research and new buy ideas?

Take a free 15 day trial - no credit card required.

Start your free trial now

MWY General Information

Midway Limited
MWY
http://www.midwaylimited.com.au
Paper Products
270
87

MWY Current Share Price+

Current Price $3.100
Open $3.100
High $3.100
Low $3.100
Last Close $3.080
Volume 2000
Price Movement $0.02 ( 0.65% )
  • +Security prices are delayed by at least 20 minutes and are indicative only.

MWY Company Overview

Business Description

Midway Limited (MWY) is leading company in the Australia forestry sector, primarily involved in the production and export of high quality wood fibre to producers of pulp, paper and associated products in China and Japan. Midway's core business is the production of woodchips and marketing those woodchips to producers of pulp, paper and associated products in the Asian region. Midway has three key operations in Australia which consists of Midway Geelong, South West Fibre and QCE Brisbane.

MWY Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2018 A 18.40 24.50 23.50% 9.90 18.00 7.40% 100.0%
2017 A 14.92 19.90 0.00% 12.30 18.00 7.40% 100.0%
2016 A 0.00 0.00 0.00% 0.00 0.00 0.00% 0.0%

MWY Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2016 A 2017 A 2018 A 2016 A 2017 A 2018 A 2016 A 2017 A 2018 A
Midway (MWY) $269M 0.2348 0.0000 0.0000 12.5663 0.0000 0.0000 5.84% 0.00% 0.00%

MWY Market Comparison

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.00 12.60 2.38 0.00
Market 0.72 14.10 1.24 0.95
Sector 1.18 12.60 1.36 0.53

MWY Directors

Name Position Start Date
Mr Anthony (Tony) Price Chief Executive Officer, Managing Director 10 Nov 2015
Mr Gregory Henry McCormack Non-Executive Chairman, Non-Executive Director 27 Nov 1997
Mr Thomas (Tom) B Keene Non-Executive Director 20 Aug 2008
Mr Gordon Richard Davis Non-Executive Director 6 Apr 2016
Mr Tom Gunnersen Non-Executive Director 26 Feb 2018
Mr Nils Gunnersen Non-Executive Director 25 Oct 2012
Mr Anthony Bennett Non-Executive Director 28 Nov 2013

MWY Management

Name Position
Ashley Merrett Chief Financial Officer
Sophie Karzis Company Secretary

MWY Substantial Shareholders

Holding Name
28,525,892 (38.08%) Chebmont Pty Ltd
13,038,379 (17.41%) McCormack Timber Holdings Pty Ltd
4,688,526 (6.26%) E.T. and E.W. Murnane Pty Ltd

MWY Calendar of Events

Date Event
01 October 2019 Report (Annual)
29 August 2019 Report (Prelim)
21 February 2019 Report (Interim)

DISCLOSURE: InvestSMART Group Limited employees may have an interest in the securities and managed funds displayed via this service. Please refer to our Financial Services Guide for more information.

Data shown on this website is sourced by Morningstar
© 2017 Morningstar. All rights reserved. Neither any Morningstar company nor any of their content providers guarantee the data or content contained herein to be accurate, complete or timely nor will they have any liability for its use or distribution. Any general advice has been prepared by Morningstar Australasia Pty Ltd (ABN: 95 090 665 544, AFSL: 240892) and/or Morningstar Research Limited, subsidiaries of Morningstar, Inc, without reference to your objectives, financial situation or needs. You should consider the advice in light of these matters and, if applicable, the relevant Product Disclosure Statement (in respect of Australian products) or Investment Statement (in respect of New Zealand products) before making any decision to invest. No Morningstar-affiliated company or any of their employees is providing you with personalised financial advice. To obtain advice tailored to your particular circumstances, please contact a professional financial adviser. Some material is copyright and published under licence from ASX Operations Pty Limited ACN 004 523 782 ("ASXO"). Data and content is provided for personal use only.