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Metcash

 

Buy Metcash shares

METCASH (MTS) Shares

ABOUT METCASH

Metcash Limited, a leading Australian wholesale distribution and marketing company, was founded in 1927 and has its headquarters in Sydney. The company supplies and supports approximately 10 000 independent retailers, as well as 90 000 other businesses across the food, liquor, grocery and hardware industries.

The company’s history began when 24-year-old Joe David opened his first “corner store” in Woolloomooloo, New South Wales. He called the business “Davids”.

The latter later became Metcash. Today, the company is an Australian conglomerate that distributes and markets groceries, fresh produce, liquor, hardware and other consumer goods. The company owns a number of retailers such as IGA, Home Timber & Hardware and IGA.

Metcash Limited’s independent retailers are mostly family-owned small businesses that employ locals and also source produce from local communities. These businesses all play a pivotal role in their communities, and often support local causes. Remote communities rely heavily on the company’s independent network as their only source of groceries and fresh food.

The company has the most extensive distribution network in Australia.

Today, Metcash Limited employs approximately 6 300 people across its operations in Australia, New Zealand and China.

OVERVIEW OF METCASH

  • Metcash Limited conducts its operations through three primary segments: Food & Grocery, Liquor, and Hardware.
  • The Food & Grocery division distributes dry grocery, perishable- and general merchandise supplies to retail outlets in Australia, China and New Zealand.
  • This segment has five distribution centres that deliver dry, frozen, chilled, general merchandise and hair/beauty/cosmetic products. The company’s Hardware division supports independent hardware brands such as Home & Timber Hardware, Hardings, True Value Hardware, Thrifty-Link Hardware and Mitre 10.
  • It supplies more than 1 600 stores.
  • The Liquor segment is the largest supplier to independent liquor retailers, and the largest broad range liquor wholesaler in Australia. This segment supports approximately 2 700 stores.
  • The company’s Independent Brands Australia (IBA) business comprises four national independent retail brands: IGA Liquor, Bottle-O, Bottle-O Neighbourhood and Cellarbrations. Metcash Limited also boasts other divisions such as Campbells Wholesale, Cash & Carry WA, Lucky 7 Convenience stores, IGA X-Press Stores and Friendly Grocer, to name but a few.

VISION & VALUES OF METCASH

  • Metcash believes that independence is worth fighting for. It strives to be the best in the business and treats its people, suppliers and stakeholders with respect and dignity.

  • It also supports the communities in which it operates. Values such as honesty, drive, accountability and open communication are deeply engrained in the company’s business ethos.

  • By remaining true to its principles, the company stimulates growth and adds value for shareholders who purchase company stock.

MARKET PERFORMANCE OF METCASH

  • Metcash Limited trades on the Australian Securities Exchange (ASX) under the stock symbol MTS.
  • For fiscal 2019, the company recorded group sales of US Dollar 14.6 billion, an increase of 1.8 %. Statutory profit after tax was US Dollar 192.8 million.
  • The company’s solid operating cash flows and strong balance sheets bode well for shareholders who buy or sell company shares. They are assured of solid dividends and returns on their investments.

Buy METCASH stocks / shares – A Step by Step Guide how to Buy / Purchase METCASH Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy METCASH Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN METCASH STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE METCASH STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of METCASH stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy METCASH stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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