MFT - Mainfreight. Global Freight & Logistics

[winner69]

"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 !!

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." …….even though share price remains in a down trend must be a BUY BUY BUY BUY on that info

Good ol’ SimplyWallStreet eh

[Valuegrowth]

Market is forward thinking. It’s a long-term play. Shipping related firms reported high earnings thanks to covid-19 due to high demand. Going forward those types of one-time earnings cannot be expected unless we see huge demand. However, well manged companies will do well in the long run.

[QUOTE=winner69;1029205] 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." …….even though share price remains in a down trend must be a BUY BUY BUY BUY on that info

Good ol’ SimplyWallStreet eh[/QUOTE]

[winner69]

Market is forward thinking. It’s a long-term play. Shipping related firms reported high earnings thanks to covid-19 due to high demand. Going forward those types of one-time earnings cannot be expected unless we see huge demand. However, well manged companies will do well in the long run

Agh so the market is forward looking ….so does quite a long downtrend of the share price says things aren’t going to be as good as they have been ……..for sometime. …..trend ain’t reversed yet …is the question then how far into the future does the market look?

[Valuegrowth]

Good question.

Agh so the market is forward looking ….so does quite a long downtrend of the share price says things aren’t going to be as good as they have been ……..for sometime. …..trend ain’t reversed yet …is the question then how far into the future does the market look?

[alokdhir]

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." …….even though share price remains in a down trend must be a BUY BUY BUY BUY on that info

Good ol’ SimplyWallStreet eh

I think U are wiser then that ...U r just enjoying the banter ...Stocks like MFT though technically still in downtrend will eventually get out ...and stocks do take time to reverse their downtrends especially in poor sentiment conditions .Bigger Money is made choosing correct stocks when beaten rather then keep waiting till they become technical buys also . MFT existed before covid and was doing great then too ...now they are a bigger company so will return to new high in due course ...thats my faith and hope maybe ...trend will change ...rest can join then maybe wiser !

https://www.tradingview.com/symbols/NZX-TRA/technicals/. Now its TRA time ...already in uptrend ...no need wait much here lol

[alokdhir]

https://www.nzx.com/announcements/421625

When a RM buys must be good buying ? He surely knows more then us and analysts etc

[Muse]

https://www.nzx.com/announcements/421625

When a RM buys must be good buying ? He surely knows more then us and analysts etc

Reasonably chunky purchase as well - not one of the $15k token purchases Director's often do for appearances sake.

[Entrep]

A cool $6M or so holding. Nice!

[maclir]

got out at 67 not so long ago, and was thinking of buying back in, today it hit 66.90, up $3.89 on the day....

Quite the bounce back from just two weeks ago.

[alokdhir]

W69 ....MFT SP over 60SMA also today ...with some style ....Soon downtrend will be officially over .... fingers crossed .

U must be feeling euphoric buying 10 days back around $ 55