Yes The Bear is brimming with excitement! :D BOOM I have almost got my money back! How exciting is that!! The Bear will be dancing on the streets soon :)
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OMG 45cents :eek2: :D lets dance! :t_up:
https://youtu.be/-cLpZKVH07w
Now that The Bear has broken even do I take the money and run or do I hold :confused: hmmm ....
its on its way back to winners 90 cents!
Underlying value 80 cents plus hype 10 cents equals 90 cents
On its way for a pretty well run company
All those guru fund managers and finance guys who hyped Metro up post IPO and those who got sucked in deserve what they got ....it turned out $1.20 plus of hype was a pipe dream all along.
Monday morning for the results, hoping they are good, a few more cents to the share price would be nice.
Managements current trading / outlook statements are going to be the key bit. The financials cover a period with very different conditions and could be all over the place. The half year period is April 2020 to Sept 2020. We know from the August announcement below that the L4 lockdown had basically taken out a months revenue and after four months there was still a $18.6m year on year decline.
On the 21st Aug MPG provided a 4-month trading update. If not separately advised, it should be possible to tell what sales looked like in Aug/Sep from this announcement.
Quote:
Originally Posted by 21Aug2020 NZX announcement