83 replies to this topic

[michaessers]

can someone please explain what is so appealing about this company?

[longterm413]

I read an article yesterday on "Relatively unknown stocks with great prospects" and MTA was the first one mentioned.

Yes that was a moneyweb article I think, Onelogix was also on the list which pleased me after buying it earlier this year

[Hooligan]

I read an article yesterday on "Relatively unknown stocks with great prospects" and MTA was the first one mentioned.

This is frustrating - yet shareholders continue to sell this off to pursue better opportunities (more overly hyped, sentiment driven stocks) over the short term.

 

This one has cost me this year, I topped up heavily at 39 (ave cost 38.10 now) - so I am not sitting pretty.

[orca]

I read an article yesterday on "Relatively unknown stocks with great prospects" and MTA was the first one mentioned.

[longterm413]

Below R30 now. Hope it continues to fall so I can pick up some nice and cheap early next year before mutlu's impact on the financials are evident

[Jonny]

The whole "poor SA car sales" thing will probably hurt in the short term. +1 for offshore diversification. Imagine when SA market starts recovering together with the Turkish operations. Fun times ahead!

[orca]

Did you expect her to go up the last 2 days when the market was correcting down?
Obviously she will follow the market if no good news out for her.

[Mr.Balls]

Trading below R33.00 now

[Queen B]

Trading below R33.00 now

[orca]

No sweat Johnny. Just thin volumes.

[Jonny]

My only comment is: "ouch".

 

Not going to be adding any more to this one. Still believe it is a long term hold - so won't be selling.

[longterm413]

10bagger from when you purchased or 10bagger since listing?

A 10 bagger from next year and will continue for long term as more countries sign the green bill for start/stop batteries to be mandatory.

I see, thanks.

[orca]

10bagger from when you purchased or 10bagger since listing?

A 10 bagger from next year and will continue for long term as more countries sign the green bill for start/stop batteries to be mandatory.

[longterm413]

HEPS decreased by 16%!!!This is mainly due to the Mutla acquisition and seems to have been expected and has slowly been priced in over the past few months.

I have had her in my portfolio for close to 3 years and expect her to be my 10 bagger in 5 months time when Mutla's winter results are added.

10bagger from when you purchased or 10bagger since listing?

[Hooligan]

Only loser in my portfolio this year.

I was trigger happy in terms of topping up around 39.

 

Anyway, l am not topping up anymore.  Holding to see what the next 6 months bring.

 

[orca]

HEPS decreased by 16%!!!This is mainly due to the Mutla acquisition and seems to have been expected and has slowly been priced in over the past few months.
I have had her in my portfolio for close to 3 years and expect her to be my 10 bagger in 5 months time when Mutla's winter results are added.

[Mr.Balls]

 MTA.png   33.12KB   88 downloads

Looking at a technical perspective, on the 3 year chart MTA has retraced to the 38.2% Fibbo. Lets hope it consolidates here for the next move up.. "wave 3"...Im long today @ R 34

[Queen B]

I have burnt my fingers with this one

Trading at R33.65 now

[vlam]

A director sold a small number of shares today, and volumes are down so I think the urgent selling after the initial results are over for now.

 

Going to watch the share a bit in the next week; sitting on the sidelines for now.

 

MTA 201408250018A
Dealings in securities

METAIR INVESTMENTS LIMITED
Reg No. 1948/031013/06
JSE code : MTA
ISIN: ZAE 000090692
(Incorporated in the Republic of South Africa)
(“Metair”)

DEALINGS IN SECURITIES

In accordance with the requirements of paragraphs 3.63 to 3.66 of the Listings Requirements of
the JSE Limited, the following on-market transaction by a director of a major subsidiary of Metair
is hereby disclosed:

Director: M. Barley
Company: Metindustrial (Proprietary) Limited
Date of transaction: 22 August 2014
Nature of transaction: Sale of shares
Class of security: Ordinary shares
Price per security: R35.50
Number of shares: 3,000
Total value of transaction: R106,500.00
Extent of interest: Direct beneficial
Written clearance to deal: Yes


25 August 2014
Johannesburg

Edited by vlam-hobbyist, 25 August 2014 - 10:29 PM.

[Mr.Balls]

So...do we have a nice buying opportunity here?

Or are investors getting impatient and fed up with non performance of the SP here? 

Think its impatience, I'm also getting a bit...but will give it a year. Don't think well see these levels again soon, will have to see ho Mutlu performs in 2H