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Meriden Group - PE of 7 (MRD)     

rangers99 - 10 Feb 2005 11:58

http://www.meriden-group.co.uk

Finals released couple of weeks ago:
http://www.uk-wire.com/cgi-bin/articles/20050128162319PC2DC.html

Market cap is 3.3M
Profit (pre-exceptionals and applying 30% tax charge) circa 0.5M
Net current assets = 1.5M
NTAV = 1.9M

Paid small dividend.

Very upbeat outlook is the outer for me:

"......we anticipate announcing some very significant key account wins in the next few months which will have a very positive impact on our future turnover and earnings."

moneyman - 11 May 2006 15:32 - 9 of 10

Ouch thats a drop today

moneyman - 12 May 2006 09:42 - 10 of 10

Can hardly buy any online now !
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