Maybe punters getting a bit worried about the possibility of metro having a few fixed contracts which wouldnt be a good place to be with the nzd ‘collapsing’
Pure speculation of course ...but one never knows
Last edited by winner69; 27-10-2017 at 07:12 PM.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Maybe punters getting a bit worried about the possibility of metro having a few fixed contracts which wouldnt be a good place to be with the nzd ‘collapsing’
"Intueri Education and Metro Glass are standout duds"
Interesting that no one here bothered to post this article from Brian Gaynor on 21 Oct.
Suspect the article prompted a few shareholders to bail out on 24 Oct when the market reopened after the long weekend? Would have had a few shareholders spend the long Labour weekend wondering if MPG will go the same way as IQE!
"Intueri Education and Metro Glass are standout duds"
Interesting that no one here bothered to post this article from Brian Gaynor on 21 Oct.
Suspect the article prompted a few shareholders to bail out on 24 Oct when the market reopened after the long weekend? Would have had a few shareholders spend the long Labour weekend wondering if MPG will go the same way as IQE!
MPG has 50% markshare in NZ is consistently making 20m profit, they are completely different businesses
MPG has 50% markshare in NZ is consistently making 20m profit, they are completely different businesses
I don't disagree with you - am just making the point that it is interesting that no-one posted the article but I suspect the 5c selldown last week would be related somewhat to the article?
The other thing I don't understand about Brian Gaynor is the constant digs at MPG is not helping the company or share price confidence, yet Millford owns a good amount of shares in the company. It's almost like he's destroying his own investment
I don't disagree with you - am just making the point that it is interesting that no-one posted the article but I suspect the 5c selldown last week would be related somewhat to the article?
Hmmm that and I don't think FBUs announcement helped. Will be interesting to see if it holds up this week.
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