MCE 2.13% 23.0¢ matrix composites & engineering limited

outlook for growth is incredible, page-2

  1. 652 Posts.
    Hmm, let's see....

    If MCE currently has 40% market share as reported then:

    66 rigs x $14 mill = $924 mill x 40% = $370 mill

    Replacement market: $300 mill x 40% = $120 mill

    So that's $490 mill revenue over two years or roughly $245 mill per year

    MCE 2009 revenue approx $100 mill
    MCE 2010 revenue approx $185 mill

    So MCE 2011 revenue could be

    $245 mill + current work + any increase in market share + additional rigs being built that are not yet scheduled

    Holy giant flotation devices Batman!

 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
23.0¢
Change
-0.005(2.13%)
Mkt cap ! $72.45M
Open High Low Value Volume
23.5¢ 23.5¢ 22.0¢ $55.45K 242.7K

Buyers (Bids)

No. Vol. Price($)
3 113179 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.0¢ 28075 2
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.