MGC 0.00% 43.0¢ mg unit trust

MGC - Where is the bottom - When will we turnaround?, page-28

  1. 1,198 Posts.
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    Good luck to you AJ. You can't fall in love with your investment and when I've been brave enough to accept my loss, I've usually been right.

    I've gotten in recently. The entire global dairy industry is on its knees. I don't see any great bounce in MGC but if they achieve the 7.5c 2016 distribution then I think $1.20 is the Unit Price.

    Good times, bad times, the wheel turns. If MG Co-op hadn't refinanced with the MGC things could be much worse. Also the Chairman has had the gumption to make some tough decisions.

    I try to think laterally with equities and I think there is some good news around the corner. Risk is the dude and Reward is the chick and they walk hand in hand. Come on chickybabe.
 
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