At this stage I think MCP has potential to fall even more... Stock price during mid 2015 was approx 55 cents, how ever the book value numbers for 2014/2015 is far higher than the last 5 to 6 years, especially operating profit. But the key benefit of this stock is it's Dividend which compound in the long run would do you just ok... I would love to see more product offerings as they are pretty diversified already... But I honestly think this is still very good value... Even at $1.00 I thought was a bargain... I'm in the stages of rebalancing my portfolio and hope to top up or down either way in the near future. Company has been around forever and won't be going anywhere soon if management doesn't screw up...
MCP Price at posting:
88.0¢ Sentiment: Hold Disclosure: Held
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)