Looking to get back in to this company, after, admittedly, getting spooked by the earnings downgrade. Just after a consensus on here regarding Metcash's current balance sheet? To me, although it has taken on more debt, more share dilution, it still seems fairly robust, and obviously the company boasts a strong dividend. However with lower EPS this year and flat EPS forecast for the next 2 to 3 years do others see this dividend as sustainable? If so, current prices seem fairly tempting, in light of low interest rates.Certain newsletters have Metcash as an avoid Interested to see others' opinions on quality of the company and long term potential, in particularly the perceived threat of Aldi and Costco.
Cheers
MTS Price at posting:
$3.57 Sentiment: None Disclosure: Not Held
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