MVN Methven

[percy]

But wait!!!!!!!!!!!!!!!!!!!!!!!!
Craigs have retained their buy recommendation with a target price of $1.52.

[winner69]

Birman - Isee you in good company as Milford have being buying up MVN lately. Topped up with 500,000 at 141 just before Xmas

I'm told Milford are pretty good and best in class so MVN must be growing in spite of the hiccup announced during the week

Also Salt have been buying and their last purchase of just under a mill share was at 141 as well

Where the gurus go others must follow

[BIRMANBOY]

Interesting.. I would imagine that these big funds like a few good dividend producers to back up the expected results their customers require. Give them (Milford customers) a good steady 7 to 8% return and everybody is happy. The type of person investing in a fund wants solid consistent returns, no bad years and a quarterly report they can read in 15 minutes. Gurus? nah...posterior fashion designers yes. Did they have CNU in the portfolio??

Birman - Isee you in good company as Milford have being buying up MVN lately. Topped up with 500,000 at 141 just before Xmas

I'm told Milford are pretty good and best in class so MVN must be growing in spite of the hiccup announced during the week

Also Salt have been buying and their last purchase of just under a mill share was at 141 as well

Where the gurus go others must follow

[percy]

I see Milford have brought into MGL, Mercer Group,as well as Methven.I will watch with interest, as I consider both companies to be poor investments.

[winner69]

So the "around the same level or up to 10% up on last year’s reported result" is now " to be 5% to 10% down on last year's reported result"

Whoops = didn't really have a handle on things six weeks ago did they

MVN say they are a growth company .... for that reason only Birman I will continue to bang on with the same old, same old for years

Hope for your sake they don't do anything to that dividend you are looking forward to

[percy]

So the "around the same level or up to 10% up on last year’s reported result" is now " to be 5% to 10% down on last year's reported result"

Whoops = didn't really have a handle on things six weeks ago did they

MVN say they are a growth company .... for that reason only Birman I will continue to bang on with the same old, same old for years

Hope for your sake they don't do anything to that dividend you are looking forward to

All I can say is "no surprises there!" [or is it here?] lol.
Share price is where it was a year ago,however?

[winner69]

Shouldn't rubbish them really

Times are tough out there and they are still making some money ....just not that much

[percy]

Shouldn't rubbish them really

Times are tough out there and they are still making some money ....just not that much

Really? Yeah right!!!
Times always seem to be tough out there for this company.!!!! Do not expect they will improve any time soon either.!

[winner69]

PE now over 17 but such an innovative company should be able to grow EPS by 25% or more so a PEG < 1 makes this a screaming buy ..... and divie yield of over 10%

And remember gurus like Milford and Salt bough in a few weeks at over 140 and Craigs have a target of 150 odd

Cant lose at these prices

[couta1]

PE now over 17 but such an innovative company should be able to grow EPS by 25% or more so a PEG < 1 makes this a screaming buy ..... and divie yield of over 10%

And remember gurus like Milford and Salt bough in a few weeks at over 140 and Craigs have a target of 150 odd

Cant lose at these prices

Remove your tongue from your cheek winner