MTT metcash trading limited

MTT's demise/announcement, page-6

  1. 310 Posts.
    I just talked to someone who was at the presentation today at 2pm. The main concern was the "20%" NPAT growth rate forcast for 1H03. The market misinterpreted that to mean 20% expected whereas the report actually said not less than 20%. The concensus growth rate for 2003 is just over 40%. I think the market is slowly recognising the misinterpretation - the intraday price movement shows a steady uptrend since the fall after announcement.

    Its a solid stock...good for a mid to longterm investment IMHO.
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Currently unlisted public company.

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