MCE 3.85% 25.0¢ matrix composites & engineering limited

director sale of stock, page-6

  1. 1,029 Posts.
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    Manny, analyst's forecasts are notoriously optimistic and almost always wrong. But if you don't use them as a basis for investing then what do you use? If you are better at estimating future earnings than the analyst's consensus then good luck to you, you will do very well in the market.

    As for using historical PE ratios, well good luck with that. Looking in the rearview mirror has seldom been a sensible predictor of future wealth creation unless you are investing in low growth companies with very stable earnings and cash flows (none of which applies to MCE).

    As for earnings history, I presume you are aware that Matrix has been around since 1980?
 
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Last
25.0¢
Change
-0.010(3.85%)
Mkt cap ! $72.45M
Open High Low Value Volume
25.5¢ 25.5¢ 25.0¢ $26.89K 107.2K

Buyers (Bids)

No. Vol. Price($)
1 4000 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 75000 2
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Last trade - 15.43pm 29/11/2024 (20 minute delay) ?
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