MYE
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2.63% 18.5¢ metarock group limited

is this company overvalued?

  1. Grandmaster
    101 Posts.
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    08/04/12
    19:23
    Post #: 9954772
    MYE seems to have a great order book, PE of just under 12, rapidly growing earnings? So why are the directors selling some of their stakes?

    MYE is in the coal industry, and even though there are a lot of ppl dreaming of opening new mines, not all of them are going to start. MYE may have a good second half FY12 , but is this a good long term investment?

    Roger Montgomery has also provided an interesting opinion recently.

    http://blog.rogermontgomery.com/is-this-company-a-master-of-the-mine/
    MYE Price at posting: $2.35 Sentiment: Hold Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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