MCE 19.6% 27.5¢ matrix composites & engineering limited

Blood on the streets, page-11

  1. 5,217 Posts.
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    It seems a fairly safe assumption that the outlook has taken a turn for the worse.

    But I am also assuming that they are now an efficient business, with good products that have some potential in new markets too. The weakening Aussie dollar helps.

    Short of announcing that the outlook for 2015-16 is for losses, I would hope that the half year results on 19 Feb will re assure the market. Without losses, the NAV at June 2015 ought to be close to 150c.
 
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