MCE 0.00% 30.0¢ matrix composites & engineering limited

if they ever, page-37

  1. 1,255 Posts.
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    Certainly empathise with the notion Pecora, but some bloke who is far more wealthy than you or I astutely observed that you pay a high price for a cheery consensus.

    As I have indicated before, a few BIG contract announcements and the MCE price will be through the roof. The company still has a lot going for it - low debt, competitive advantages in IP, and low cost manufacture (currently no doubt offset to a large extent by the high dollar) compared to competitors. If sales and marketing ever start doing their jobs we are on a winner.

    In the meantime risks are high but informed investors may choose to take those risks on with such a low share price. The only reason I personally am not buying right now is that I have no idea how much lower the market is likely to sell off for MCE and it may be that it is available even cheaper in the near future - not trying to pick the bottom, just waiting patiently.
 
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