RE: Value9 Aug 2016 17:20
fundemental, i have to disagree, until MDZ can be in profit then it cant justify the 0.8-0.9p value, in next years full year results and shows a EPS of at least 0.1p then fair value based on a PE x10 would give a SP of 1p (not taking into consideration of dilution) until then we are still a loss making company.
i am bullish on MDZ and you can see they are trying to turn things around and moving in the right direction.
i have a short term target of 0.3p based on up and coming news (maybe not this weeks but soon) after that if they produce a game changing RNS then see 0.5p fair value then up to 1p next year. depends how long people want to hold and depending on newsflow.
all looking good though. hoping for a good day tomorrow as well