I bought a whole lot at 19.5c yesterday and will top up again this morning at these current prices.
This is not a loss making company.
To get belted 40+% on mere surprise earning disapoinment are rare buy opportunities in my view. The 2nd half forward looking statements were encouraging.
It hit a 'double bottom' price yesterday from back in 2014 where EBITA was 1.7 mill and outlook were nothing like they are now. TA-Price falls well outside the bolly and the RSI is in way oversold territory.
I am comfortable in seeing this disapointment as opportunity, not as a situation of something inheritingly wrong with the business.
MBE Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
