MCE 2.13% 23.0¢ matrix composites & engineering limited

any 6 or 12 month sp forecasts?, page-3

  1. 23 Posts.
    I have a medium term value well in excess of $9. This is assuming that NPBT for H2 continues in a similar fashion to H1 ($27.4million). Given that Matrix has an order book of $180million at the end of January 2011 and H1 NPBT was generated from $92.4million sales, I think this is very realistic.

    I bought first at $4 and then had a second bite later on so my avergae purchase price is $4.92. If it reaches or exceeds my valuation I will be very happy!



 
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