I agree, I think earnings will surprise and we'll see a short term rally. I swear there was a tone in Mackay's voice when he mentioned earnings and stated "the numbers are excellent" in last weeks update.
I'd like to buy another parcel in the hope of a quick bounce and to average down but I'm still licking my wounds from the rollercoaster down from $30.
Regardless of earnings there's still headwinds aplenty for MFG in the meduim term.
MFG Results announcement today - What is everyone's expectation?, page-18
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Last
$9.95 |
Change
-0.070(0.70%) |
Mkt cap ! $1.779B | |||
| Open | High | Low | Value | Volume |
| $10.04 | $10.13 | $9.92 | $3.725M | 372.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2494 | $9.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 45242 | 13 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |