I have been a holder of MTU and don't really know what to do with my holding.
I have seen the value go down from the 57 cents I bought them at and seen them slowly come up again in the last few months.
The uncertainty and long time-frame around the acquisition of PEO are probably a factor, as is the recession and the public opinion that IT and telecommunication are not immune from this.
What do others see MTU doing over the next few months? Is there indeed an uptrend which will continue now PEO are in the fold?
How indeed are companies like MTU affected by the recession?
I am also not quite clear about their financial position:what is their percentage of gearing and how does this compare to other companies in the same sector.
As usual, I have far more questions than answers.
MTU Price at posting:
52.0¢ Sentiment: Hold Disclosure: Held
