MCU - Mitchell Communication Group
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Re: EMI - Emitch Limited
Excellent growth stock being in the internet advertising area but quite expensive at these levels. Definitely one to watch and perhaps buying opportunities on weaknesses?
Excellent growth stock being in the internet advertising area but quite expensive at these levels. Definitely one to watch and perhaps buying opportunities on weaknesses?
Re: EMI - Emitch Limited
Hi All,
This is my first post on this forum.
I hold this stock and am a great fan of the company's business Model. On friday 27 July 2007, there was a profit upgrade announced by the company which is a good sign of the recent merger yielding cost synergies. The company's strategy is to enter asia, especially China, India and others, which are nacent markets with young populations and increasing exposure towards internet marketing. The focus on the core market of Australia and New Zealand continues.
In light of the acquision of Mitchell's Communcations Group, the stock code at ASX has changed to MCU.
Please provide your views/updates on this stock.
Regards,
iimamit
Hi All,
This is my first post on this forum.
I hold this stock and am a great fan of the company's business Model. On friday 27 July 2007, there was a profit upgrade announced by the company which is a good sign of the recent merger yielding cost synergies. The company's strategy is to enter asia, especially China, India and others, which are nacent markets with young populations and increasing exposure towards internet marketing. The focus on the core market of Australia and New Zealand continues.
In light of the acquision of Mitchell's Communcations Group, the stock code at ASX has changed to MCU.
Please provide your views/updates on this stock.
Regards,
iimamit
Gday,
I think I have found a little ripper here for the next 12 month. Target price potential gain to be 40% if we reach all time highs of $1.75.
Market Cap $305 million
52 week high $1.75
52 week low $.86
http://www.mitchells.com.au/documents/pdf/Merrill Lynch 20070418.pdf
htt://www.mitchells.com.au/documents/pdf/MCU.pdf
http://www.mitchells.com.au/page.php?page=44
Any thoughts? I picked some up today at $1.08 which seems fair value considering growth.
I have attached a pic of a chart. My plan is to accumulate below $1.10.
I think I have found a little ripper here for the next 12 month. Target price potential gain to be 40% if we reach all time highs of $1.75.
Market Cap $305 million
52 week high $1.75
52 week low $.86
http://www.mitchells.com.au/documents/pdf/Merrill Lynch 20070418.pdf
htt://www.mitchells.com.au/documents/pdf/MCU.pdf
http://www.mitchells.com.au/page.php?page=44
Any thoughts? I picked some up today at $1.08 which seems fair value considering growth.
I have attached a pic of a chart. My plan is to accumulate below $1.10.
Attachments
Ken
I have held this since .19 cents (when it was EMI)
(I added along the way and sold some)
It has been a great story
and a great example of riding a terrific trend...
But from the charts
this P&F chart and a daily bar chart.
There has been distribution going on
To my eyes it still looks weak
I still hold some.
Just My thoughts.
motorway
I have held this since .19 cents (when it was EMI)
(I added along the way and sold some)
It has been a great story
and a great example of riding a terrific trend...
But from the charts
this P&F chart and a daily bar chart.
There has been distribution going on
To my eyes it still looks weak
I still hold some.
Just My thoughts.
motorway
Attachments
Terrific charts.
I believe the placement could be the thing holding it back.
They issued shares at $1.09
This was in the Smart Investor magazine as their top stock for growth in 2008.
I have only picked up 3000 shares at current levels, if they head higher thats great, but if they head lower I am keen to double my holdings.
Resources/energy is hot at the moment.
Most other stuff is well off their highs still, but there are exceptions.
I believe the placement could be the thing holding it back.
They issued shares at $1.09
This was in the Smart Investor magazine as their top stock for growth in 2008.
I have only picked up 3000 shares at current levels, if they head higher thats great, but if they head lower I am keen to double my holdings.
Resources/energy is hot at the moment.
Most other stuff is well off their highs still, but there are exceptions.
doctorj
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Re: EMI - Emitch Limited
Changed by request from Emitech (ASX:EMI) to Mitchell Communication Group Ltd (ASX: MCU).
Thanks,
ASF
Changed by request from Emitech (ASX:EMI) to Mitchell Communication Group Ltd (ASX: MCU).
Thanks,
ASF
Timmy
white swans need love too
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Motorway has posted a more recent P & F chart of MCU here.
The chart is to illustrate some Wyckoff concepts, but for those with an interest in MCU (I don't, so despite my avatar this not a ramp
) you may want to check it out.
The chart is to illustrate some Wyckoff concepts, but for those with an interest in MCU (I don't, so despite my avatar this not a ramp
) you may want to check it out.
- Joined
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You guys may wish to take note of the merger speculation with STW.......this would be a major plus for Mitchell and a minus for STW, whose shares have already declined on the speculation........as an STW holder, I hope the rumours blow over
doctorj
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For those wondering, here's a link to a SMH article relating to the above : http://business.smh.com.au/were-talking-but-theres-no-deal-ad-moguls/20071205-1f71.html
