MPG - Metro Glass

[Fatboyj]

I've never been to an agm or egm or any kind of m. Guess the majority are in Auckland, any big companies have meetings here in Chch?

I did buy some shares in MPG, also hold AIR and OCA. And thinking of a little gamble in NTL.

[BlackPeter]

I've never been to an agm or egm or any kind of m. Guess the majority are in Auckland, any big companies have meetings here in Chch?

I did buy some shares in MPG, also hold AIR and OCA. And thinking of a little gamble in NTL.

A number of the big companies are rotating their AGM's through the centres, they will be once every 3 years or so in Christchurch. But yes, the "heartland" has as well their very own companies who normally convene around Christchurch. SML, Ebos, PGW, KMD, HLG spring to mind (though some of them might as well rotate), and there are lots of smaller companies as well.

[bull....]

Can't be true percy

http://www.nzherald.co.nz/business/n...ectid=11902607

yes great minds think alike

[winner69]

bearish wedge pattern in the making?

Wedges are a vital component in the glazing business.

[bull....]

Wedges are a vital component in the glazing business.

yes lol they tend to contain news before it actually happens

[winner69]

You guys should take heart from many of the comments and pictures in the Fletcher preso
https://www.nzx.com/files/attachments/263516.pdf

Might cheer you up a bit after a bit of a tough time

[BlackPeter]

You guys should take heart from many of the comments and pictures in the Fletcher preso
https://www.nzx.com/files/attachments/263516.pdf

Might cheer you up a bit after a bit of a tough time

Well, yes - slide 15 and 16 give some interesting context, though nothing new ...

[JeremyALD]

BP do we usually get any updated gudiance before the interim report releases in November? I've had a look back through their annoucements and looks like they are usually quite quiet

[BlackPeter]

BP do we usually get any updated gudiance before the interim report releases in November? I've had a look back through their annoucements and looks like they are usually quite quiet

Depends on what you call "usually" for a company listed only 3 years ago ... but no, so far I can't remember any update prior to the HY results (and only one prior to the full year results - which sort of resulted in great buying opportunities to characterise it nicely).

Have a look at their still quite recent investor day presentation to get the mood: https://www.nzx.com/files/attachments/261201.pdf

I'd only expect an early update if something absolutely unexpected happens (be it very good or very bad ...).

BTW - just noticed their (well, Infometrics) prediction of building consents for the next 5 years or so. They seem to agree with winners view that there will be a wee dip in 2018, but they expect full steam ahead from there. Personally I am a bit more optimistic.

Attachment 9088

[winner69]

BP - assumptions of full steam ahead after the 'dip' dependent upon how many 'affordable' (low value) house the government builds (and pays for) .....and in an environment where there is little incentive / motivation for a constrained building industry to build low value (cheap) houses.

Share price on fire today ......that's good



(discussion for another thread)