The story that analysts/traders misread the announcement is RUBBISH. Posters have said that traders read the 'new forecast profit growth of 10-20%' as 'new earnings growth of 10-20c.' Jeeezus..... if MAH had announced forecast earnings of 10-20c/share the SP would have skyrocketed. Afterall EPS for FY08 was 9.2c.
MAQ is on track to pay increased divs in 09. A bargain at current prices.
The story that analysts/traders misread the announcement is...
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $808.1M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 38.0¢ | 36.8¢ | $535.4K | 1.430M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 14064 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 332276 | 8 |
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| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| MAH (ASX) Chart |