MTU 0.00% $12.17 m2 group ltd

is any getting excited !, page-15

  1. 528 Posts.
    Hi,

    No excitement here yet, but rather a large smile ;-)

    I suspect MTU will crack the $3.00 before christmas which will be exciting! At the current price level MTU must start / is moving through some relevant indicies and I note we are yet to see significant Fund investment in MTU. Only Hunter Hall, Cornish and the CEO own >5% share capital!

    While MTU may be fairly valued presently (and remember FY11 is a 40% increase in earning) - fund interest / index buying must support continued upward momentum from here IMO.

    Perhaps $3.50 + is now reasonably achievable for end Feb announcement of 6 month results (all on track / exceed F11).

    SD
 
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