MCE 4.00% 24.0¢ matrix composites & engineering limited

Ann: Half Year Results - Advance Notice , page-5

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  1. 56 Posts.
    I bailed early at a big loss but would've doubled that loss if I hadn't before this mornings release. Look at the free cash flow and operating leverage; they can't cut their way upward. This baby needs sales and its clear in hindsight that they sold themselves as salesmen when in reality, the products either sold themselves or they didn't. By cutting shifts & strangling sales, mgt have demonstrated their level of competency. It was embarrassing to review the litany of excuses on top of all others listen prior.
 
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25.0¢ 25.5¢ 24.0¢ $86.54K 346.9K

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5 14999 24.0¢
 

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25.5¢ 5745 2
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