Was very impressive today , Up 16% , Finished on day High , Nice...

Was very impressive today , Up 16% , Finished on day High , Nice Volume ....Apologies if this has been posted .....
It hasn't been the best quarter for Murray Cod Australia Limited(ASX:MCA) shareholders, since the share price has fallen 18% in that time. But that does not change the realty that the stock's performance has been terrific, over five years. To be precise, the stock price is 382% higher than it was five years ago, a wonderful performance by any measure. So we don't think the recent decline in the share price means its story is a sad one. The most important thing for savvy investors to consider is whether the underlying business can justify the share price gain.

In light of the stock dropping 10% in the past week, we want to investigate the longer term story, and see if fundamentals have been the driver of the company's positive five-year return.



Because Murray Cod Australia made a loss in the last twelve months, we think the market is probably more focussed on revenue and revenue growth, at least for now. When a company doesn't make profits, we'd generally expect to see good revenue growth. That's because fast revenue growth can be easily extrapolated to forecast profits, often of considerable size.

In the last 5 years Murray Cod Australia saw its revenue grow at 26% per year. Even measured against other revenue-focussed companies, that's a good result. Arguably, this is well and truly reflected in the strong share price gain of 37%(per year) over the same period. It's never too late to start following a top notch stock like Murray Cod Australia, since some long term winners go on winning for decades. On the face of it, this looks lke a good opportunity, although we note sentiment seems very positive already.