MTS 0.84% $3.59 metcash limited

News: MTS Metcash Says HY Sales Revenue A$7,737.8 Mln, page-3

  1. 118 Posts.
    lightbulb Created with Sketch. 10
    Did you read the actual report?

    I found it extremely disappointing.... They boosted their profits by revaluing stock. That is a really lazy way to hide the truth of what's going on.
    I also found it fascinating, their supermarket business grew by just 2%... the news last week was saying that food inflation is at 9%. So technically they declined by 7%, and sure lockdowns a year ago would have had an impact. They have poor deals when it comes to their massive debt too.

    Just a matter of time before institutional investors dump this stock.

 
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