MPG - Metro Glass

**Sideshow Bob** · 27-10-2020, 10:53 AM

Originally Posted by Louloubell

The word PERFORMANCE is in its name, so it's living up to its name 

As history has shown, performance is not always good.....

**Louloubell** · 27-10-2020, 10:56 AM

I'm happy and we are approaching my break even point as long as history doesn't repeat itself.

**winner69** · 27-10-2020, 11:46 AM

shareprice be 90 cents sometime next year

just getting back to where it should be

metro performance itself never really been a disaster ....just that the market thought it was a basket case - insto's / fund managers and the money men can only blame themselves if they lost money for playing with this.

**Leemsip** · 27-10-2020, 12:08 PM

Nice move higher today (when the overall market is down). Depth looking good to maintain this too.
Hoping for a re-rate after the Nov update...

**bullfrog** · 27-10-2020, 03:17 PM

Measure of a resilient business is not how they make profits in a boom, but how they weather the downturns. MPG received a lot of criticism for not making more money in the boom, but anyone who knows anything about civil contracting knows that chasing profits in a boom is a great way of over extending and going broke.

Very comfortable holder, happy with steady, predictable growth.

**Louloubell** · 28-10-2020, 09:21 AM

A move to this level will only happen when they start paying divvies again, which will happen when debt has been reduced to???

**Arbroath** · 28-10-2020, 10:02 AM

Originally Posted by Louloubell

A move to this level will only happen when they start paying divvies again, which will happen when debt has been reduced to???

I think there is a good chance at the interim they say they intend to pay a final dividend in 2021 if the business keeps performing as expected

**Scrunch** · 16-11-2020, 03:32 PM

Originally Posted by RupertBear

Up to 37cents...ohhh goody, the Bear is getting excited!

The bear should be gettting really happy. The last trade was up 5c for the day at 43c. Haven't seen it this high since the first half of 2019.

**Leemsip** · 16-11-2020, 03:38 PM

Originally Posted by Scrunch

The bear should be gettting really happy. The last trade was up 5c for the day at 43c. Haven't seen it this high since the first half of 2019.

Hopefully this reflects insiders telling their mates to buy the shares ahead of the announcement later this month... Booming up 5c on the day.
50c by xmas I reckon.