re: Ann: Year Ended 2013 - Results Release Pr... IMO not too bad.
Cash flow remains solid.
Ditching low margin product lines
Diversifying into more profitable areas via bolt on acquisitions
Sales increasing
Dividend better than I expected (was anticipating 12c p.a. now it would appear 14c p.a. could be MCP's cycle bottom)
Good outlook for growth in FY14 and beyond.
MCP is not a "star" in your portfolio but is a solid plodder that will continue to throw off good dividend yields IMO.
Was good buying at $1.20 a few weeks ago. Likely still good buying at $1.50 today.
Cheers
John
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Last
22.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $32.38M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $22.01K | 102.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 50000 | 1 |
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| Last trade - 15.46pm 24/06/2025 (20 minute delay) ? |
| MCP (ASX) Chart |