MCP 0.00% 40.5¢ mcpherson's limited

$2.50, page-3

  1. 214 Posts.
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    Short-term top in my view now.

    Remember most of their business is still Multix and "Commodity" accessories like Lady Jane/Swisspers etc.
    Now ~16x FY20 EPS - full given the above businesses are probably 12-14x multiple businesses, implying >20x for the rest.

    Been a good ride - on to the next undervalued stock. ADH has much further to go IMHO. Also like NBL.
 
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