If Govt wake up to it, then bound to slip slide all the way down to $53.87
No big worry of that ...Many like BP are waiting to snap it well before that ...with $ 1.60 dividend projected next year ...its becoming rewarding that way too
Good result for sure for MFT but maybe Mr market is forward looking and thinks that global depression George Soros talked about the other day at Davos is an increasingly likely possibility, maybe even a probability ?
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
Good result for sure for MFT but maybe Mr market is forward looking and thinks that global depression George Soros talked about the other day at Davos is an increasingly likely possibility, maybe even a probability ?
Even worse than a global depression ….George said “Our civilization may not survive.”
Suppose that’ll impact Mainfreight
”When investors are euphoric, they are incapable of recognising euphoria itself “
Even worse than a global depression ….George said “Our civilization may not survive.”
Suppose that’ll impact Mainfreight
I think most of us find the prospect of nuclear war so frightening we completely dismiss it as a realistic possibility but without any doubt the chances look more real now than at any other time since the Cuban missile crisis 60 years ago.
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
I think most of us find the prospect of nuclear war so frightening we completely dismiss it as a realistic possibility but without any doubt the chances look more real now than at any other time since the Cuban missile crisis 60 years ago.
Forgot about the global famine stage ……depression to famine to extinction
George a bit gloomy at the moment.
”When investors are euphoric, they are incapable of recognising euphoria itself “
On the other hand ... I suppose if George is right, Mainfreights performance might be the smallest of our worries.
NZ will get very cold.. south america though is predicted to be a decent place in such an event. Or Africa since 15c knocked off global temps will make agriculture viable.
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