MPG - Metro Glass

[hardt]

div trap or undervalued... div trap or undervalued... div trap or undervalued

It is pretty tempting at this price... downgrades have somewhat been priced in ( i think ) , all they got to do is land a result inline with their own forecasts for once.

[Balance]

div trap or undervalued... div trap or undervalued... div trap or undervalued

It is pretty tempting at this price... downgrades have somewhat been priced in ( i think ) , all they got to do is land a result inline with their own forecasts for once.

Tempting, hardt but MPG has been 'cheap' around $1.40 when it suffered from the first shock profit downgrade in Jan 2017?

Best to see the following before making any move:

1. Strategic review results,

2. Appointment of new CEO,

3. Indication of 2018 results (no update so far should indicate that they are at least on track to meeting the lowered expectations signaled in Nov 2017).

[winner69]

Some were saying cheap when share price was over $2