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3.85% 25.0¢ matrix composites & engineering limited

For years they kept quoting big numbers in their quote books as...

  1. nicarena
    151 Posts.
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    17/08/13
    18:11
    Post #: 12208391
    For years they kept quoting big numbers in their quote books as if that was going to automatically be converted to orders (I think they also quote past conversion percentages as well). Overconfidence and over estimating has been a major problem for them. Should look at companies like Credit Corp that underestimates and over delivers.
    MCE Price at posting: 91.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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