-
Member
Have just today bought into MPG (very small qty). Market cap c.$40m. NTA c.$20m. Seems to be reasonably cash generative (post covid). Could be sustainable NPAT of up to c.$20m pa with some disciplined cost out (unproven). Good products and I'm less bearish than some on outlook for construction and building sector. IMHO will be primary beneficiary of low interest rates.
I see this as a 100% in 12-24 months type opportunity, and hopefully a divi resumption at some point.
NB not a ramping post - as I say my exposure is very small.
Cheers
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks