Keep faith Rupertbear...NZX companies are all on a takeover spree... who knows...MPG may be one(FBU may be successful this time round).When companies like SLI and OHE(over promise-under deliver ones) can be bought then...why not MPG.
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Very reluctant to enter this talkfest about MPG. You pay your money ..
Much as I did with TRA in 2015. Average 0.31
All on good news and hype.. Sold out ( quite a while ago ) at a lose.. Would have lost even more on today's price.
A dog IMHO. ( sorry perc, ).
The same applies to MPG.
Bought in at 3.60. On the chatter and hype on here. Held for 10 weeks, sold at 3.68.
After doing my own research.
Most, if not all on here agree it has been and still is a dog.
So why this never ending fascination ?..
Much like Tegel. Did not even remotely think of investing in that one .. Family once had a chicken farm.
RB. You are becoming impulsive again.. :-))))
Attachment 10176https://www.sharetrader.co.nz/blob:h...8-2bfc24f8f017Maybe this Peter Griffin could have done a better Job
Very glad to have cut my losses on this last year - was my worst performer in 2017, think I lost about 40cps. I'm from the couta school...would rather sell and reinvest somewhere else if the long-term starts to look bad. And unfortunately, I decided a long time ago that MPG's future looked pretty bleak (unfortunately, AFTER I'd bought them...). We're not quite in Feltex territory, but there are some definite similarities...
Dead cat-dog bounce. Take your money and run little bear.
Planned on holding longer but 18% is good enough, out at 43
It will have to bounce a lot higher before I'm back to a break even point. I should have paid more attention to the wiser souls on here....