MPG - Metro Glass

**winner69** · 07-03-2018, 02:58 PM

Originally Posted by minimoke

More importantly which two companies will enter the 50 with CBL and MPG gone

HLG might get another go ...kicked out a few years ago

Spread the word ...needs a boost

**Beagle** · 07-03-2018, 03:33 PM

Oh my goodness...you'd be a brave man to step in front of this train doing 100 m.p.g...opps, sorry meant miles per hour downhill and yes I almost forgot, third Friday in the last month of each quarter is index rebalancing day with the shuffle announced the Friday beforehand, i.e. after market close this Friday.
HLG to come on in from the cold and enjoy some institutional love ?
HLG market cap at $4.60 = $273m, less Timothy Glassons 20% stake = free float of $218.4m

**minimoke** · 07-03-2018, 04:04 PM

Originally Posted by winner69

HLG might get another go ...kicked out a few years ago

Spread the word ...needs a boost

Thought I should check l the Market Cap list. CBL is sitting at #51 on $747m and then THL on $727m. HLG a wee way down on $272m. Got a fair bit of ramping to shift them up teh list. (Even PEB is above MPG)

**trader_jackson** · 07-03-2018, 06:22 PM

Originally Posted by minimoke

More importantly which two companies will enter the 50 with CBL and MPG gone

One of them won't be making it back into any index, and the other probably won't (in my view).
OCA will be there in the not so distant future

**winner69** · 09-03-2018, 11:48 AM

With MPG really really cheap at the moment let’s think about the future

Construction activity to remain strong .... good eh

http://www.sharechat.co.nz/article/9...s-rlb-sayshtml

**Balance** · 09-03-2018, 11:53 AM

Originally Posted by winner69

With MPG really really cheap at the moment let’s think about the future

Construction activity to remain strong .... good eh

http://www.sharechat.co.nz/article/9...s-rlb-sayshtml

D -Day on index changes today - let's see what happens first?

Could be even cheaper stocks when the index funds have to sell if MPG gets kicked out.

**SilverBack** · 09-03-2018, 04:11 PM

Don't forget that Australian EBITDA is 18% of total and 20% of revenue and is increasing. Aus residential construction is likely to decrease soon but this should not affect retrofitting of double glazed items that MPG is promoting over there.