MFT - Mainfreight. Global Freight & Logistics

[winner69]

Mainfreight raved about ‘normalised’/‘normalisation’ in their report yesterday

Yes F24 is returning to normalised levels

Bit spooky but no worries

[winner69]

Reported Operating Cash Flow was $186m …take off $81m of lease/rent and it was really only $105m

Spent $127m on capex

Free Cash Flow thus -$22m

Didn’t stop them paying out $88m in dividends

[Valuegrowth]

https://stockinvest.us/stock/MFT.NZ

Reported Operating Cash Flow was $186m …take off $81m of lease/rent and it was really only $105m

Spent $127m on capex

Free Cash Flow thus -$22m

Didn’t stop them paying out $88m in dividends

[winner69]

Jarden clients were net sellers last week ……#6 on their top sellers list

[Valuegrowth]

Jarden clients were net sellers last week ……#6 on their top sellers list

[winner69]

MFT share price still some way below 200MA ……time to be buying they say even though it hasn’t broken free of the current downtrend

[winner69]

What do you ‘weigh’ MFT at value …voting machine says 63 something

[Valuegrowth]

63 could be growth players’ voting machine. My one is much lower.

What do you ‘weigh’ MFT at value …voting machine says 63 something

[alokdhir]

MFT share price still some way below 200MA ……time to be buying they say even though it hasn’t broken free of the current
downtrend

First Baby Step was going over 30DSMA ...cud not do that for last 4 months ...rest will follow or not only time will tell ...can return to shell by dropping below 30DSMA but still its encouraging . When u are invested forever then hardly matters its now or after 6 months ...as long as u have faith in the company and their credibility to implement their future plans ...so far they have done better then their plans ...so I see no reason to doubt their capability . Market is also supporting that thought .

[alokdhir]

"Revenue is forecast to grow 8.5% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Global Logistics industry.
Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth."

Simply wall street's take on MFT !!