MTS 0.56% $3.59 metcash limited

re: Ann: Metcash disputes amended FTC Determi... it has falled...

  1. 6,316 Posts.
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    re: Ann: Metcash disputes amended FTC Determi... it has falled alot when you compare it to WOW & WES

    No it hasn't.

    As of right now:

    WES is down 4.7% since May 1.
    WOW is up 2.2%.
    MTS is down 0.8%.

    At the time you wrote, MTS was down 3.3%, but that's still less than WES is and within normal fluctuations for this stock. And normal fluctuations of WOW too.

    Given the earnings jitters I mentioned before I'm surprised it hasn't fallen more to be honest.

    If earnings are flat or even down on the PCP, then we will see a meaningful SP decline IMO. If they can get a few % earnings growth that will be a pass mark as far as the market is concerned. I am going to be watching it closely.

    If we do see negative that will be a sign the Metcash model is starting to buckle under the strain IMO.
 
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