MFT - Mainfreight. Global Freight & Logistics

[winner69]

Quite satisfactory, isn't it?

If you look at pbt growth last 10 weeks v pbt growth for first 16 weeks of year this announcement is 'less satisfactory' than the previous one

A clued up business reporter might notice that pbt growth has halved since last announcement and come up with a headline 'Mainfright profit growth down 50%'

[Rawz]

I market ordered $3000 and got them at $69.99 while eating an almond croissant

Niice

[BlackPeter]

If you look at pbt growth last 10 weeks v pbt growth for first 16 weeks of year this announcement is 'less satisfactory' than the previous one

A clued up business reporter might notice that pbt growth has halved since last announcement and come up with a headline 'Mainfright profit growth down 50%'

Absolutely, but then ... the last result was "very satisfactory", wasn't it?

[Bjauck]

Wow amazing! Good stuff MFT

In rain and shine, MFT do deliver the goods. The SP has a wee bit of catching up to do though.

[winner69]

Yippee ….back over 70 bucks

Probably 80 bucks next week

Go Mainfreight …keep truckin along

[Biscuit]

Yippee ….back over 70 bucks

Probably 80 bucks next week.....

Nah, sp will pop up for a day or two and then the general doom and gloom will slowly sap the life out of it again.

[BlackPeter]

Nah, sp will pop up for a day or two and then the general doom and gloom will slowly sap the life out of it again.

You never know what hype and fear can do to a market, this is true. But just looked at MFT in my spreadsheet:

Forward PE of 18 and earnings forward earnings CAGR (3 years each) is 17.4. This is a PEG (Zulu Principle) of close to 1.

That's how you normally recognise really promising startups, but for a big and profitable company like Mainfreight is this just amazing, isn't it?

[winner69]

You never know what hype and fear can do to a market, this is true. But just looked at MFT in my spreadsheet:

Forward PE of 18 and earnings forward earnings CAGR (3 years each) is 17.4. This is a PEG (Zulu Principle) of close to 1.

That's how you normally recognise really promising startups, but for a big and profitable company like Mainfreight is this just amazing, isn't it?

Not sure if you saying this is good or bad …or cheap / expensive

[Biscuit]

You never know what hype and fear can do to a market, this is true. But just looked at MFT in my spreadsheet:

Forward PE of 18 and earnings forward earnings CAGR (3 years each) is 17.4. This is a PEG (Zulu Principle) of close to 1.

That's how you normally recognise really promising startups, but for a big and profitable company like Mainfreight is this just amazing, isn't it?

Yes, they are an amazing company. One of my favorites over many years and they still have gas left in the tank.

[iceman]

Yes, they are an amazing company. One of my favorites over many years and they still have gas left in the tank.

Absolutely and no surprise they've come out with another oustandingly "satisfactory" result :-) Vey pleased with my little top up at $67 recently. Can't have too many of these.