Please correct me if you can. I thought MMS have diversified their income. They brought Presidian, expanded in UK. There are other irons in the fire that others can name.
During April 2014, there were rumours about FBT. MMS dipped around the low to mid $9 mark. I brought in at $9.62 I think. As I predicted, after May 2014 budget, the share price rose and MMS became one of my best stocks. It was my second stock purchase ever. Wished I was lookingvat stocks during 2013.
Now, maybe be the FBT changes are true???? Would the government raise enough revenue if those changes came through? It still doesn't take away the fact that MMS is a well run company that is diversifying its income. Not sure if I will buy any more if the price drops more as I am trying to save for a bigger purchase.
Any constructive feedback is welcome.
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