MCP mcpherson's limited
Add to My Watchlist 0.00% ! 23.0¢

Broker Initiation, page-3

  1. BlueKimba
    139 Posts.
    lightbulb Created with Sketch. 3
    clock Created with Sketch.
    02/06/17
    12:04
    Post #: 25061985
    I am a bit confused by the 13x PE that they state.

    When I check Thomson-Reuters consensus, there is indeed a second broker added since 18/5/17, and they have a price target of $1.85 with EPS estimates of 12.0 cents for FY17 and 14.0 cents for FY18. That looks very much like Shaw and Partners, but 13x looks more like the PE that would apply at their target price (13 x 14 = 182), not at the current share price.

    Could that be what they mean?
    MCP Price at posting: $1.15 Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Ministerial Approval Grants Provisional Authorisation for Battery Anode Material Facility
right-arrow Created with Sketch.
NEWS Agreement for Sale of Mount Mason Project to Gold Valley Yilgarn
right-arrow Created with Sketch.
NEWS FBR Executes Engineering Service Agreement with Samsung Heavy Industries
right-arrow Created with Sketch.
NEWS High-Grade Gold Hits Extend Major Lodes at Kpali Prospect in Ghana
right-arrow Created with Sketch.
NEWS Pathological Complete Response Recorded in ACCENT Trial of Advanced Pancreatic Cancer
right-arrow Created with Sketch.
NEWS New Positive Interim Data in Phase 2 Study of SNT-5505 in Myelofibrosis
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
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.
Add to My Watchlist
(20min delay)
Last
23.0¢ 		Change
0.000(0.00%) 		Mkt cap ! $33.10M
Open High Low Value Volume
23.0¢ 23.5¢ 23.0¢ $24.72K 107.4K

Buyers (Bids)

No. Vol. Price($)
1 22 23.0¢
 

Sellers (Offers)

Price($) Vol. No.
23.5¢ 6329 1
View Market Depth
Last trade - 14.34pm 18/06/2025 (20 minute delay) ?
MCP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.