MTS 0.00% $3.59 metcash limited

mr Nuts, there is still 12-13c "profit" for the insto's at...

  1. 4,720 Posts.
    lightbulb Created with Sketch. 226
    mr Nuts,

    there is still 12-13c "profit" for the insto's at current mk prices ........

    the 40m odd shares need to "wash throu" the market.

    what is "interesting" is that the former no2 player in home improvement / hardware is closing .......

    it had circa 2bn in sales ........

    these "sales" will now go to Bunnings / mitre10+HTH / other smaller operators !

    if metcash can get 20-30% of the former masters revenues - then there is an excellent chance of substantial EPS outperformance .........

    I am yet to see a map showing the mitre10 / HTH store locations versus Masters and Bunnings .........

    macca's don't appear to be factoring anything in for mts given masters immeneant closures ......

    kind rgds
    value_hunter
 
watchlist Created with Sketch. Add MTS (ASX) to my watchlist
(20min delay)
Last
$3.59
Change
0.000(0.00%)
Mkt cap ! $3.918B
Open High Low Value Volume
$3.60 $3.62 $3.57 $9.188M 2.552M

Buyers (Bids)

No. Vol. Price($)
4 38618 $3.59
 

Sellers (Offers)

Price($) Vol. No.
$3.62 44054 6
View Market Depth
Last trade - 16.10pm 19/08/2024 (20 minute delay) ?
MTS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.