We got 1H23 results from the grocery wholesaler and growing hardware operative earlier this week and they were solid in all key metrics, this performance has driven the share price 8% higher over the measured period. While we originally bought MTS at $3.50 and collected some nice dividends along the way, we think MTS will continue to be a slow burn on the upside with our eventual target sitting at $5.00.
scroll
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Question asked
Gerrish: The correction is done, we’re positioning for what comes next
Close
A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Close
Friday 9th May – Dow up +254pts, SPI up +3pts
Close
MM remains moderately bullish MTS targeting $5
Add To Hit List
In these Portfolios
Related Q&A
AFR’s comments re Metcash
Metcash (MTS)
What would be your entry price for Metcash?
Metcash in the Active Growth Portfolio
Metcash SPP at 8% discount – is it worth it?
Does MM still like Metcash (MTS) after recent falls?
Could you update your views on ABP & MTS
MM’s current views on MTS and semiconductors please
Some thoughts on Metcash (MTS)
Is Metcash (MTS) a buy?
What are GARY stocks?
Understanding the Metcash buy-back
Relevant suggested news and content from the site

Video
WATCH
Gerrish: The correction is done, we’re positioning for what comes next
The Market Matters lead portfolio manager talks the recent recovery, Trump, gold, and why he thinks there's plenty of opportunities.

Video
WATCH
A discussion with Geoff Wilson – Wilson Asset Management & James Gerrish – Market Matters
Recorded Monday 31st March

Podcast
LISTEN
Friday 9th May – Dow up +254pts, SPI up +3pts
Daily Podcast Direct from the Desk
Members only
UNLOCK MARKET MATTERS NOW
Take a free trial.
No payment details required.