MGC 0.00% 43.0¢ mg unit trust

I am a qualified accountant. From financial prospective,...

  1. 222 Posts.
    I am a qualified  accountant. From financial prospective,

    TOTLALLY agree with u that MGC has no problem . over reaction of share price.

    Banking-------no trouble
    P/L-----------Still make profit, A2m just started making 7 million profit and it was in loss for a year since listed.
    Both Mgc and A2m are in high profitable business baby formula now.


    Orders-----------still plenty
    Industry----------good sector


    only problems were that the former CEO gave farmers too much and expected too high

    So far I think it is because market expected too high in tough market condition. Also MGC just started changing, the baby formula just on market both in Australia and China on 15/04/16. Let wait and see the further update on this.
 
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