Perennial Value Discuss Imdex (ASX:IMD)

By Andrew Smith | More Articles by Andrew Smith

Imdex (ASX:IMD) are a leading global mining equipment, technology and services (METS) company. Their solutions improve the process of identifying and extracting what is below the earth’s surface for drilling contractors and resource companies.

Perennial Value:

Andrew Smith is the Head of Smaller Companies and Microcaps for Perennial Value. Both the Perennial Value Small Companies and Micro Opportunity Trusts own Imdex shares.

Key points in the video;

  • Strong gross margins driving earnings.
  • How are Imdex priced in relation to the commodity cycle.
  • Catalysts for further upside.
  • Key risks to monitor.
  • Strong balance sheet
Andrew Smith

About Andrew Smith

Andrew commenced with Perennial in July 2008 as a Senior Analyst with the Small Cap team. In 2010 Andrew became a portfolio manager on the Smaller Companies Fund and shared this responsibility until November 2017 when he became Head of Small & Micro Companies.

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