Wow - looks quite good - I am sure this will put a bit of fire under the share price ;).
We must give them as well that they seemed to be quite tight lipped about the good financial results - hardly any noticeable pre-announcement SP rise ...
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Looks good at first glance and obviously the company itself is pleased as.
Last 6 months NPAT up 20% on what prior period? I can assume but do not know.
The rolling year to Jun compared to Mar is also good but they used to complain about seasonality (or was that someone else?), so just a tiny bit of doubt at the back of my mind on what this means going forward.
Anyway not to look a gift horse in the mouth, to back it both ways, and to justify having kept them in the portfolio - I always knew they were going to turn it up a notch.
Best Wishes
Paper Tiger
Well I am about to eat my hat.!
Always happy to be proved wrong.
Should re-rate further if/when market convinced growth is sustainable, if it is $1.50 looks well achieveable.
Looks like good news come in swarms ... MVN was granted a (up to) $3 million subsidy of their R&D cost - 20% of R&D cost for the next 3 to 5 years:
https://www.nzx.com/files/attachments/224359.pdf
Though I don't like the system of the government picking winners ... I guess as long as we can't change it, it is probably better if companies I am holding are receiving these grants as opposed to companies I am not holding ...;)
Discl: holding ...
Another good day in another weak market, not sure if the charties picked this one? My $1.50 would be 6% net assuming 8c per share.
That was my little analysis after that July presentation they did
Looks like the pumping on steroids Scenario is playing out - shareprice $2.58 in 2018 for a 42% pa return
No I wasn't seduced bck in July ..... share price much the same as back then so plenty of time to get seduced again
I like Stride 2 but Stride 1 would be just fine!