NZ_Shareman

Metro Performance Glass

Long
NZX:MPG   METRO PERFORMANCE NPV
Fundamentals are Rubbish Net Income been dropping yoy from $205 mill 2016 to -$77 mill but looks like it's on a run.

Net Profit Margin -33% omg lol

How do companies stay in businesses with ridiculous negative profit margins

Quarterly Revenue Growth -7.10 %

They have recently refinanced expiery date Oct 2023

Maybe that has made some crazy investors happier for they still lose money and have been for years if this was a horse race they would be dead last odds $95 to win, but the market often makes no sense Earnings and Fundamentals often mean diddly squat especially in the New Zealand Market.


Moving Average Brought Sept 15th up $38%
Macd Brought Sept 16th Up 32%

Breakout Setup imo

Trade closed: target reached

Comments

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