MPG - Metro Glass

**DazRaz** · 06-10-2020, 05:15 PM

Originally Posted by RupertBear

Excellent timing to exit at 36c DazRaz well done!!

I'm very happy with that. I don't normally get the high for the day like that, never the top of a mini peak.

**DazRaz** · 14-10-2020, 09:14 AM

Further debt reductions announced today. More evidence of a turnaround.

**Filthy** · 14-10-2020, 09:20 AM

Originally Posted by DazRaz

Further debt reductions announced today. More evidence of a turnaround.

great update. debt is now less than the market cap. that will hopefully impress the punters eh winner

**winner69** · 14-10-2020, 09:20 AM

Originally Posted by DazRaz

Further debt reductions announced today. More evidence of a turnaround.

Yes indeed and better still no indication of poor trading (no downgrade coming)

Not really a turn around ....steady financial performance continues ...never really been bad (just that super duper profits that punters expected never came)

**Filthy** · 14-10-2020, 09:22 AM

we might even get to see an 'ecstatic bear' one day!

**Louloubell** · 14-10-2020, 09:41 AM

Does this eliminate the need to raise more cash?

**Leemsip** · 14-10-2020, 12:34 PM

I was happy with the early update. Made $14m ops cashflow on core operations during the 6 months of COVID. Still a PE of 5 on a very stable business with debt getting reduced pretty quickly...

If I wasn't already irresponsibly long I would buy more....