MCE 1.89% 26.0¢ matrix composites & engineering limited

whats rogers valuation now, page-18

  1. 525 Posts.
    i think his system has merit in that using calculations you can work out the value of a company but I think it really is very difficult to predict the future. Often the most accurate indicator of the future is past performance - MCE doesn't have the history, BHP and CBA does. These companies also have money coming in from various angles.

    past performance over 5 + years must be a big part of rating any company - this doesn't seem to be the case with roger's A1 system -soon as a company starts going well over a year or so it suddenly shoots from a B3 to A1 - too quick in my opinion

    Would you hold more of MCE than BHP or CBA in today's climate? I bought MCE because I liked the sector and i think the company has a good future. I didn't buy it because roger said it was an A1.

    So, no I don't rate his system
 
watchlist Created with Sketch. Add MCE (ASX) to my watchlist
(20min delay)
Last
26.0¢
Change
-0.005(1.89%)
Mkt cap ! $72.45M
Open High Low Value Volume
26.5¢ 26.5¢ 26.0¢ $8.272K 31.58K

Buyers (Bids)

No. Vol. Price($)
2 32870 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 53359 1
View Market Depth
Last trade - 11.50am 27/11/2024 (20 minute delay) ?
MCE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.