Mike Pero increases profit forecast
Mike Pero Mortgages increased profit forecast provides little help for its share price.
Wednesday, July 14th 2004, 6:47AM
The result for the four months to 30 June will be released to the NZX in mid August.
The sharemarket initially treated the news warmly pushing up the share price. However, yesterday it slipped 4c to 90c, reversing half of the gains booked when it upped its quarterly profit forecast.
MPM shares listed at $1 each. You can check out the share price HERE
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