$3.55 :)
Another new high, I wonder where Mr Market is willing to take it too [?]
I may treat myself to a glass of wine this evening. ;)
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$3.55 :)
Another new high, I wonder where Mr Market is willing to take it too [?]
I may treat myself to a glass of wine this evening. ;)
Only one eh PT. Hopefully more good news later in the week :DQuote:
quote:Originally posted by Paper Tiger
I may treat myself to a glass of wine this evening. ;)
$3.57 :)
Another new high, I am still wonder where Mr Market is willing to take it too [?]
I will treat myself to another glass of wine this evening.
I don't understand why the oil price hikes are being ignored wrt mft's price.
is this company gloriously hedged against rising petrol costs?
i would have thought that the cost of petrol would be a big problem for any transport company -- there's certainly plenty of negative talk about rising oil prices affecting airline profitability and consequently airline share prices.
becoming a nervous holder. cheers, scamper.
Mostly "Owner-Driver" I think? So they will wear it for a while...but not forever. Also, diesel less affected. But eventually rail becomes more efficient (just need less of a "monopoly" style service!). Perhaps a good time to buy Toll shares?
Still, I see MFT is going up faster than my BGR... where's the emoticon for "Pout"?
Maybe its also due to ongoing rumours of a takeover bid from Toll.
-----
Discl : Hold none - sold them a while back :-(
Lizard is correct that the owner drivers feel the pain of rises in fuel prices in the first instance. But if they persist they have to have be passed on in higher rates to Mainfreight customers. Also MFT use other transporters for international stuff and thus get to pay more directly.
Maybe the rumour is that they are still doing well as we approach their half year and that full year $27m ( P/E = 12.7 )is still expected. NZ doing well, Oz improving, USA and China looking good, divvy increase coming as well.
Hmmm. Liz, try http://instagiber.net/smiliesdotcom/otn/other/puh.gif or http://instagiber.net/smiliesdotcom/...o/licktear.gif or http://instagiber.net/smiliesdotcom/...edoom/sad2.gifQuote:
quote:where's the emoticon for "Pout"?
Or perhaps http://instagiber.net/smiliesdotcom/...wn/lsvader.gif
How bout this one..Quote:
quote:Originally posted by Placebo
Hmmm. Liz, try http://instagiber.net/smiliesdotcom/otn/other/puh.gif or http://instagiber.net/smiliesdotcom/...o/licktear.gif or http://instagiber.net/smiliesdotcom/...edoom/sad2.gifQuote:
quote:where's the emoticon for "Pout"?
Or perhaps http://instagiber.net/smiliesdotcom/...wn/lsvader.gif
http://smileys.smileycentral.com/cat/36/36_20_5.gif
$3.56 [V]
Down one from it's all time high of yesterday [B)]
I will drown my sorrows with the last glass wine [:0]