I'd heard that founder Bruce Plested has a personal goal to get it to $100 a share, so why would he agree a split..He's doing OK so far, and I'm enjoying the journey. Great company.
It requires at least a login to 10 days trial to read it .
Sorry about that. I won't break the copyright but its basically an article outlining how MFT took a different approach to many others by NOT reducing number of their "team members" (they don;t use staff or employees) but management and Board took big pay drops. Their "team members" retained their performance bonuses which resulted in a very happy workplace and great enthusiasm from the team. This has resulted in MFT raising their market share which can be seen in a big new contract with Foodstuffs and that of the 500 biggest customers (contributing half the revenue), more than 100 of them have only become customers in the last 6 months. Also talks about their "social licence" and a great culture internally and with customers. Fisher Funds and Forysth Barr are both enthusiastic with outperform ratings.
The headline says: How MFT turned a disaster (COVID) into success.
Sorry about that. I won't break the copyright but its basically an article outlining how MFT took a different approach to many others by NOT reducing number of their "team members" (they don;t use staff or employees) but management and Board took big pay drops. Their "team members" retained their performance bonuses which resulted in a very happy workplace and great enthusiasm from the team. This has resulted in MFT raising their market share which can be seen in a big new contract with Foodstuffs and that of the 500 biggest customers (contributing half the revenue), more than 100 of them have only become customers in the last 6 months. Also talks about their "social licence" and a great culture internally and with customers. Fisher Funds and Forysth Barr are both enthusiastic with outperform ratings.
The headline says: How MFT turned a disaster (COVID) into success.
Disclosure notice released this morning: Bruce has "dipped his toes in" and casually bought 100,000 shares on the open market. And here I was thinking I was going to offload some ... maybe not
"His loyalty couldn't be bought at any price; but it could be rented remarkably cheaply."
Disclosure notice released this morning: Bruce has "dipped his toes in" and casually bought 100,000 shares on the open market. And here I was thinking I was going to offload some ... maybe not
I was thinking about topping up on this after bailing out of ATM last week. This has helped convince me this is the right move! Always a tough decision to buy near the tops but this stock is only going one way medium to long term.
I was thinking about topping up on this after bailing out of ATM last week. This has helped convince me this is the right move! Always a tough decision to buy near the tops but this stock is only going one way medium to long term.
I have been watching this share for more than 2 years and the only one opportunity I missed to buy at a good price was last March. It seems otherwise we will only pay market price.
I have been watching this share for more than 2 years and the only one opportunity I missed to buy at a good price was last March. It seems otherwise we will only pay market price.
Yes, March was when I first jumped in. No regrets at all!
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