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27-05-2020, 10:11 AM
#521
Yes a surprisingly good result. I did not expect them to trade this well through this COVID pandemic but April 20 is up on the previous period.
I do like very much how they have dealt with staff and costs. They stopped hiring, eliminated casual labour as much as possible, froze annual pay reviews, banned new hirings and temporarily halved the salary of CEO and Board. Talk about leadership by a great example.
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27-05-2020, 10:17 AM
#522
Originally Posted by iceman
Yes a surprisingly good result. I did not expect them to trade this well through this COVID pandemic but April 20 is up on the previous period.
I do like very much how they have dealt with staff and costs. They stopped hiring, eliminated casual labour as much as possible, froze annual pay reviews, banned new hirings and temporarily halved the salary of CEO and Board. Talk about leadership by a great example.
I agree,a company worth investing in
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27-05-2020, 02:57 PM
#523
.
"satisfactory"
gotta love the writing style. 'yeah, there was this virus thing that had a wee bit of an impact on us. april 2020 was a bit crap, but May's looking better. we've taken a few steps to help ourselves, nothing to write home about really'
Might have used the word 'stellar' myself...
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27-05-2020, 04:33 PM
#524
Originally Posted by SylvesterCat
.
"satisfactory"
gotta love the writing style. 'yeah, there was this virus thing that had a wee bit of an impact on us. april 2020 was a bit crap, but May's looking better. we've taken a few steps to help ourselves, nothing to write home about really'
Might have used the word 'stellar' myself...
Stellar management SC most importantly
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27-05-2020, 04:56 PM
#525
I have to say that spike just before the freeze caught me out. I listed mine with a couple of bucks stretch thinking we might get there tomorrow or the next day. Gone and profit banked before the close of play (maybe I should have held out for more mental debate).
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03-06-2020, 11:49 AM
#526
I see there is a disclosure that Fitts, The Europe CEO, has just bought a not insignificant 6000 more shares on market at a price of $39.99.
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31-07-2020, 11:40 AM
#527
Mainfreight todays biggest upward mover. Must be something they said at the Annual Bunfight.
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31-07-2020, 05:19 PM
#528
Originally Posted by Snow Leopard
Mainfreight todays biggest upward mover. Must be something they said at the Annual Bunfight.
I was wondering why we saw such a jump today, the day after the AGM which was not broadcast online. Did some ST members join the meeting and care to comment ?
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31-07-2020, 06:12 PM
#529
https://www.nbr.co.nz/story/mainfrei...nding-recovery
I don't subscribe any more as I think $35 a month is questionable value but apparently one of the brokers is really hailing their outstanding recovery.
Disc: One of Kingfish's biggest investment positions and I have a few Kingfish warrants (KFLWF).
Last edited by Beagle; 31-07-2020 at 06:14 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
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31-07-2020, 06:23 PM
#530
Originally Posted by Beagle
https://www.nbr.co.nz/story/mainfrei...nding-recovery
I don't subscribe any more as I think $35 a month is questionable value but apparently one of the brokers is really hailing their outstanding recovery.
Disc: One of Kingfish's biggest investment positions and I have a few Kingfish warrants (KFLWF).
Same here. Did not renew my subscription so can't read it.
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