MEA 0.00% 59.5¢ mcgrath limited

Ann: FY2021 Results Investor Presentation, page-6

  1. 551 Posts.
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    Am I crazy, or is this an absolute bargain at <5 p/e. Surely the market isn't pricing in a covid pullback? Clearance rates and sales volume are as a high as ever and we will reach vaccination thresholds in a couple of months. Not to mention low interest rates and stimulus will now remain in situ for a while yet. The EV of this is only $50mil when you factor in the $30 odd mil cash on hand.
 
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