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  5. MDI: Good morning 5i, Following MDI's Q1 release yesterday ,looks like the market is overreacting to the results. [Major Drilling Group International Inc.]

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Q: Good morning 5i,
Following MDI's Q1 release yesterday ,looks like the market is overreacting to the results.Looks like a value company for those with patience, looking at one to two years out.Looks like an undervalued ,value situation.What are your thoughts?
Many thanks,
Jean
Asked by Jean on September 05, 2024
5i Research Answer:
It was a pretty big miss, with EPS missing by 15% and revenue missing by 3.5%. Assuming the...
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