I agree reddevil, tomorrow's result is likely to be very ordinary. I will consider anything better than break-even for the first half to be a pleasant surprise and I pray that there is no dividend declared regardless.
The cash flow is what I am really interested in though. Like you, I think the longer term results for Matrix are likely to be very good, but the cash flow needs to be watched carefully.
Providing the cash flow is satisfactory, it could be a good opportunity to load up if the share price drops on the poor profit result.
up over 8% today, page-5
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $73.85M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 33.0¢ | $25.77K | 76.62K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1526 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 28552 | 1 |
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| Last trade - 15.39pm 18/10/2024 (20 minute delay) ? |
| MCE (ASX) Chart |