MPG - Metro Glass

[ScrappyO]

This opaque glass race to the bottom at a time when building activity apparently at high levels doesn't seem to make sense

Maybe the new competitor is struggling a bit to keep their factory and staff busy

The amount of glass these guys throw away is unbelievable. Wrong measurements etc.. I work in the construction area and they are always sending glass back that's been cut wrong. Goes straight in the bin. For a start they need to get this under control.

[winner69]

The amount of glass these guys throw away is unbelievable. Wrong measurements etc.. I work in the construction area and they are always sending glass back that's been cut wrong. Goes straight in the bin. For a start they need to get this under control.

...and I'm told the bin takes it the landfill

[ScrappyO]

...and I'm told the bin takes it the landfill

Thats correct Winner69

[ScrappyO]

...and I'm told the bin takes it the landfill

Thats correct Winner69

[winner69]

ASM speeches

Reading between lines (I’m good at that) F22 doesn’t look like it’s going to be too flash ( fot those expecting solid earnings growth …but you’ll get a divie in November

http://nzx-prod-s7fsd7f98s.s3-websit...809/351678.pdf

Metro remain a ‘solid’ business, meeting the challenges as they arise in an even more competitive market than previously. Profits will probably hang around this level for years to come. They

[BlackPeter]

ASM speeches

Reading between lines (I’m good at that) F22 doesn’t look like it’s going to be too flash ( fot those expecting solid earnings growth …but you’ll get a divie in November

http://nzx-prod-s7fsd7f98s.s3-websit...809/351678.pdf

Metro remain a ‘solid’ business, meeting the challenges as they arise in an even more competitive market than previously. Profits will probably hang around this level for years to come. They

No surprises here, which is probably a good thing. Analysts expected next year not to be better than the last, and I think this is as well the expectation they conveyed in the AGM documentation.

Good to see the debt load going down and them holding their market position. I must admit - I was not that optimistic at the time they hired the new CEO, but so far things seem to have moved in the right direction.

Discl: took a small position (which funnily is about the same number of shares I used to hold when I had - years ago - a large position). I think they fit currently quite nicely into a dogs of the NZX portfolio ...

[winner69]

Displaying speeches through a word cloud gives a quick overview of what's gone on and where the focus might be in the future

[Louloubell]

How much is the divvies likely to be and what will that do to the share price?

[mfd]

If NPAT doesn't fall too far, I estimated something like 2c a year dividends, maybe 3c if they go well and feel generous. Not a bad yield.

[BlackPeter]

How much is the divvies likely to be and what will that do to the share price?

Just look at the expected EPS (say 5 cents, if it is like the last one) and their dividend policy (I think they said 50 to 70% of earnings).

3 cents per share and year sound on that basis achievable.

Not a bad return for a 45 cents share ....