re: News: Matrix Composites & Engineering 201... Just read the prelim report. Nothing surprising. Full year losses in line with expectations, no final dividend (thank god!) and big quote book.
But this big quote book gets me - a year ago they kept harping on about their success rate of converting quotes to orders, which would end up in hundreds of millions in orders. This hasn't come to fruition. I wonder if they'd change their success rate now, or perhaps explain why their recent success rate has been down.
PS: no position because i'm waiting..... this coy should succeed eventually, but there may be more pain beforehand.
News: Matrix Composites & Engineering 2012 Full Y, page-2
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