MFT - Mainfreight. Global Freight & Logistics

**Muse** · 30-06-2023, 03:33 PM

Love MFT and never sold any. Plan to buy more but patiently waiting to see how trading evolves as the normalisation in ocean and air freight flows through to FY24 results. Think it could be more significant than many expect. Keeping my powder dry until that day. Tot company and thank goodness its on the NZX not somewhere else.

**kiora** · 30-06-2023, 05:27 PM

Comparisons graphed 1995-2023
Doesn't include dividends ?
Allow it time to load fully
https://finance.yahoo.com/quote/%5EG...NoYXJ0In19fX0-

**Charlie** · 05-07-2023, 10:02 PM

Thanks Kiora. Nice chart. One of my 10% stocks. I see the lows are getting higher, and it deserves a jump up. I just love the booklets they send out. Pretty honest about the next 6 months, but its a great read, and its nice they put photos of the workers with their names. A nice "family" touch. Great to work for ,I hear. Since they opened a depot near me, there are heaps of big blue trucks on the road. Nice to be part of.

**winner69** · 13-07-2023, 09:03 AM

Hope Mainfreight doesn’t fall over now Carol is retiring after 37 years

An unsung hero I reckon

http://nzx-prod-s7fsd7f98s.s3-websit...671/398432.pdf

**maclir** · 13-07-2023, 07:48 PM

Originally Posted by Charlie

Thanks Kiora. Nice chart. One of my 10% stocks. I see the lows are getting higher, and it deserves a jump up. I just love the booklets they send out. Pretty honest about the next 6 months, but its a great read, and its nice they put photos of the workers with their names. A nice "family" touch. Great to work for ,I hear. Since they opened a depot near me, there are heaps of big blue trucks on the road. Nice to be part of.

Love that "booklet" too.

https://www.mainfreight.com/en-nz/ma...view-july-2023

I can't help thinking that on a different bourse the share price would be much higher.

**alokdhir** · 17-07-2023, 01:33 PM

On 27th July AGM MFT will reveal its 16 weeks numbers ....if they are as bad as market expecting and MFT is making us believe then nothing much will happen BUT if they are not as bad as being expected then something can happen ...though I am not expecting any good news when container rates are falling like 9 pins ...But with MFT one can always hope for miracles ...from their new organic growth engines ....new branches ....new countries ...new customers ...better utilisations of customers and what not they can do to shore up revenues

Also with recession or slowdown being so shallow ....original business wud not have gone down that much too but falling Air / Ocean rates will pinch