MCP mcpherson's limited

the last 2 years have been exceptional in terms of free cashflow...

  1. 3,106 Posts.
    lightbulb Created with Sketch. 66
    the last 2 years have been exceptional in terms of free cashflow as sales have fallen and the business has extracted effciencies ..hence working capital has run down and that is where the free cashflow is.

    if sales are growing then the freecashflow will drop, probably to around zero, as the core business is not very profitable....hence the companies forecast for a very modest freecashflow (after dividends mind you) of about $3m........and mostly due to overall sales still falling......

    the main problem with this announcement is we are losing about 25% of our earnings? and have no obvious measures to replace the earnings...hence debt falls to around zero.......they will have to buy stuff I imagine......given their history, not good?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
33.0¢
Change
0.010(3.13%)
Mkt cap ! $47.50M
Open High Low Value Volume
32.0¢ 33.0¢ 32.0¢ $1.997K 6.15K

Buyers (Bids)

No. Vol. Price($)
1 4420 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 55025 3
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MCP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.