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12-01-2024, 09:07 AM
#1511
From today's Live Wire;Best stocks to buy in a sell off.
Mainfreight (NZX: MFT)
Dr Philipp Hofflin: A lot of people would probably answer that with CSL's, Cochlear's, and SaaS companies. But just to be contrarian, I'll come up with Mainfreight, which is a New Zealand transport and logistics business - a completely unglamorous industry. But for the last 20 years, it's given its investors 22% compound price growth. That's over 50 times.
And the reason for that is they just run their business differently. It's structured in very small business units, hundreds of them, and they're in a very egalitarian corporate culture. So they've entered lots of markets, and as soon as they enter, they start gaining share. So great business, very well-run. It is cyclical, so we hope that sooner or later we might get a chance to buy it.
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23-01-2024, 07:41 AM
#1512
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23-01-2024, 07:46 AM
#1513
Originally Posted by kiora
Headline is -
Red Sea attacks good for Mainfreight business - Forbarr
”When investors are euphoric, they are incapable of recognising euphoria itself “
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23-01-2024, 09:09 AM
#1514
Originally Posted by winner69
Headline is -
Red Sea attacks good for Mainfreight business - Forbarr
We have seen from Covid times ...any freight movement disruptions thus price increases leads to MFT getting more revenue thus more profits .
Also big economies not tanking into deep recessions as was widely expected is good for MFT ... If ...IF inflation gets fully controlled without need to cause deep recession ...then MFT should be stepping into goldilocks scenario ahead ...still a 60/40 call in my mind ...China local economy worries maybe helping keep inflation down in western economies ....it's getting super complicated to figure out path ahead ...but we will get there one way or the other ...ie MFT finally $100 in 2 years maybe ...
PS : JBHT got positive upgrades for same reasons ...up almost 5% in US today !!!
Last edited by alokdhir; 23-01-2024 at 09:27 AM.
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06-02-2024, 10:44 AM
#1515
https://www.livewiremarkets.com/wire...PTIVE%20THEMES
"Autonomous logistics
Another area where ARK believes automation holds huge potential is in the way it can reduce costs and alter supply chains.
“Autonomous logistics should reduce the cost of moving goods by 15-fold during the next five to 10 years,” says the report.
“Autonomous drones and robots have made millions of deliveries, while autonomous trucking companies have logged tens of millions of miles and are beginning to remove safety drivers.”
These shifts also flow into other areas, the report noting that autonomous operations are changing shopping behaviour and impacting healthcare by accelerating the delivery of life-saving supplies, especially in emerging markets.
“According to ARK’s research, autonomous delivery revenues could scale from essentially nil today to $900 billion in 2030.”
Autonomous vehicles that roll and fly could lower supply chain costs
Source: ARK Investment Management LLC, 2024. This ARK analysis is based on a range of underlying data from external sources as of December 7, 2023. Forecasts are inherently limited and cannot be relied upon.
The report also notes that companies with the greatest volumes of real-world data are likely to have a competitive advantage in leveraging autonomous logistics.
ARK estimates revenues from autonomous delivery could reach US$900 billion by 2030. Broken down, this reflects the potential US$450 billion revenue uplift within robot and drone food and parcel deliveries and US$450 from autonomous trucking revenues"
Last edited by kiora; 06-02-2024 at 10:46 AM.
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03-03-2024, 07:48 PM
#1516
Originally Posted by percy
From today's Live Wire;Best stocks to buy in a sell off.
Mainfreight (NZX: MFT)
Dr Philipp Hofflin: A lot of people would probably answer that with CSL's, Cochlear's, and SaaS companies. But just to be contrarian, I'll come up with Mainfreight, which is a New Zealand transport and logistics business - a completely unglamorous industry. But for the last 20 years, it's given its investors 22% compound price growth. That's over 50 times.
And the reason for that is they just run their business differently. It's structured in very small business units, hundreds of them, and they're in a very egalitarian corporate culture. So they've entered lots of markets, and as soon as they enter, they start gaining share. So great business, very well-run. It is cyclical, so we hope that sooner or later we might get a chance to buy it.
I couldn't agree more. Arguably, Main freight is one of the best manged companies in New Zealand. I would like to park my money in company like this.
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27-03-2024, 11:09 AM
#1517
WHEN is Mainfreight's share price going to pop again?
https://stocknessmonster.com/charts/mft.nzx/
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27-03-2024, 08:02 PM
#1518
Originally Posted by kiora
Time is coming for next jump up ...maybe after May results
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27-03-2024, 08:42 PM
#1519
Originally Posted by kiora
Scary eh? But not for us long term holders, as poster can see if you change the 1 year selection for the chart to 10 years for example
Last edited by iceman; 27-03-2024 at 08:45 PM.
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30-03-2024, 04:55 PM
#1520
Running out of patience with the stagnant SP really, I paid well over $90 for mine.
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