MTS 0.28% $3.56 metcash limited

tempted, page-27

  1. 351 Posts.
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    I am very tempted.

    The financial results look good.

    My calculations say, on current share price, its a 11% gross yield.

    Citi are offering an installment mini warrant for 92c. Which gives a 25.5% gross yield on the final dividend. The code is MTSJOF.

    The market has given us a discount - from March to mid-May the share price was trading between $4.10 to $4.20.

    This says a screaming buy.

    DYOR
 
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