A: Yes, after a horrid run, Metcash (MTS) seems to have found a bottom around $1.00 and some of the funds have been building positions.

The brokers still don’t like it. According to FN Arena, sentiment is still mildly negative (score of -0.3, on scale of -1.0 most negative to +1.0 most positive), with a consensus target price of $1.21.

I feel that the grocery supermarket wars have a long way to play out – so I can’t get excited about MTS.