MTS is cheap, cheap, cheap but going down, down, down.
Why? Look at the market caps:
WES - $48.78b
WOW - $37.10b
MTS - $1.30b
Makes absolutely no sense. Can you honestly say that Coles a larger company by a factor of 37.5 times or Woolworths a larger company by a factor of 28.5 times. Either they're both significantly overvalued or Metcash is significantly undervalued.
MTS has definately been oversold, but we are in a for a long period of consolidation, at least until the register is more stable.
The SP will turn and all those who got in this calendar year will be smiling at how cheap it was.
Still the upside is attractive and the dividend yield makes it a compelling buy in my opinion. Will be buying more on the turn.
- Forums
- ASX - By Stock
- MTS
- AFR Article
AFR Article, page-42
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MTS (ASX) to my watchlist
|
|||||
Last
$3.62 |
Change
-0.030(0.82%) |
Mkt cap ! $3.951B |
Open | High | Low | Value | Volume |
$3.62 | $3.65 | $3.61 | $9.911M | 2.733M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 48819 | $3.61 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.62 | 4798 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 16521 | 3.610 |
11 | 22067 | 3.600 |
3 | 11638 | 3.590 |
9 | 42752 | 3.580 |
4 | 19331 | 3.570 |
Price($) | Vol. | No. |
---|---|---|
3.620 | 4798 | 1 |
3.630 | 4798 | 1 |
3.640 | 4798 | 1 |
3.650 | 4798 | 1 |
3.660 | 32798 | 4 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MTS (ASX) Chart |