MCE 2.13% 23.0¢ matrix composites & engineering limited

Ann: Trading Update , page-4

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  1. 5,217 Posts.
    lightbulb Created with Sketch. 32
    Agreed, and very vague on next year other than that it will be stronger ( which is not saying much !).

    Also, all the focus on 2013 EBITDA, not the headline statutory profit, or in this case Loss. That suggests to me that the door is very much open for asset write downs.

    Interesting, maybe, but probably heading to 60c in the short term.
 
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23.0¢
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23.5¢ 23.5¢ 22.0¢ $55.45K 242.7K

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3 113179 22.0¢
 

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25.0¢ 28075 2
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