IMS 0.00% 69.0¢ impelus limited

MBE Oversold, page-420

  1. 1,434 Posts.
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    Q all of my mates in the top 20 are still holding, deflated but still very confident. Another mate just bought a truckload at 7c as is very happy to hold as they have a long term view.

    MBE is not going broke, have $12 mil
    In cash and has a very good business which is having some setbacks.

    Compare this to the other rubbish with ridiculous multiples, no cash and making losses and you'll find MBE is in pretty good shape IMO.

    They certainly need to get their act together and when they do, the SP will lift accordingly.

    Hold or accumulate IMO.
 
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