MPG - Metro Glass

[DazRaz]

It wasn’t an overseas rival setting up a new plant in NZ ....it was a local aluminium fabricator who was going to do their own glass.

Quite a chunk of Metros local customer base at risk.

It’s up and running but Metro say very little about it except that capacity outstrips demand and they will vigorously compete for work.

Oh, ok. That's a bit different then. Let's hope they have stemmed the bleed in Australia then and keep their financials on track.

[Filthy]

tracking along well. up 20% for the week and 39% for the month.
Any TA experts want to guess where the next resistance is?

[Leemsip]

tracking along well. up 20% for the week and 39% for the month.
Any TA experts want to guess where the next resistance is?

Fair value IMHO is somewhere around 60-70c I reckon...... GO MPG!

[winner69]

tracking along well. up 20% for the week and 39% for the month.
Any TA experts want to guess where the next resistance is?

About 90 cents and then 230

[bottomfeeder]

Somebody realised TD interest rates are at 1%. Or FBU is spending their war chest.

[winner69]

Top of the leaderboard today ...incredible

That resistance at 90 cents getting closer

Go metro

[bottomfeeder]

I think 90 cents is over exuberant, but can see this settling at 45cents.

[RupertBear]

in the same boat RB, didn’t want to lock in a loss when Milford sold out, so rode the train to pitsville. Averaged down when sub 20c, still below water, needs to get to 44c. I find it harder to sell than buy, so working on visualising selling each investment so when the time comes, I don’t wait n see for a couple of days, I sell, I’ve said my goodbyes months ago, ha.

Same here bullfrog...we getting closer though...go Metro!!

[RupertBear]

I think 90 cents is over exuberant, but can see this settling at 45cents.

If it reaches 45 cents I will be a happy bear, if it reaches 90 cents I will be an ecstatic bear!!

[DazRaz]

I exited at 36c today. While I thought the market hadn't recognised the effect to the debt reduction, I think the road up from here will take a lot longer. A good gain but moving to a longer position.