I noticed last night that MMM had starting advertising on TV offering $100 off next 4 meals which got me thinking whether they need to start advertising again because of a drop off in demand and hence maybe its time to get out but on reading Scotlaroc's post it is most likely the increased capacity of the new Sydney plant that Saville Capital refers to that needs to be put to work, a much more comforting thought. So, I will continue to hold and hope.
The previous quarterlies have all come out in the last week of the month except last qtr when they did the equity raise so I would be expecting sometime next week for the update.
MMM Price at posting:
$2.69 Sentiment: Buy Disclosure: Held
