MCE 0.00% 26.5¢ matrix composites & engineering limited

The other thing I find interesting re Roger is I don't think he...

  1. 10 Posts.
    The other thing I find interesting re Roger is I don't think he follows his owns system. His process revolves around "buying great companies at a discount to Intrinsic value with a large margin of safety. Read his blog at the moment and he is buying COH at >$50 when his published intrinsic value is ~$38.
    Smells more like he has taken a position in COH and is now trying to pump it up but his discipal are confused and blogging "please explain".
    The emperor has no cloths
    Don't get me wrong I think COH is a good company but it doesn't fit Rogers model at present. Circumstances change as with MCE and the exceptions to the rule are fine. Do this enough and you do not have a rule just another guess
 
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