MFT - Mainfreight. Global Freight & Logistics

[alokdhir]

Trading update is FANTASTIC !!!!

[Snow Leopard]

Trading update is FANTASTIC !!!!

Better than that:

It is SATISFACTORY.


You gotta learn the Mainfreight lingo man

[alokdhir]

Better than that:

It is SATISFACTORY.


You gotta learn the Mainfreight lingo man

[ThaiJohn]

Imagine if Matthew Hill/NTL announced a similar scenario.
I'll get my coat.

[maclir]

Slightly surreal if this hits $100 today. I'm trying to figure out how much is down to the weird state of shipping in the Covid world. Revenue for Air & Ocean segment of the business up 72% on comparable period last year, and PBT up 196%.

Disclose: Happy holder.

[iceman]

With MFT so far north of its long term averages ...its looking over priced at the moment . I am beginning to become uncomfortable technically . Its away at maximum levels from 400 SMA / EMA since it started trading ...well north of sustainable levels . I know times are good and all news flow is positive ...but it has to slow down soon as its not sustainable . Time to reduce positions and switch to FPH ...more close to comfortable levels . IMHO

Are you still thinking about selling ? I don’t think there’s any reason to atm. Can’t think of a better industry to be in right now

[iceman]

Just read the full update. Lost for words really. Revenue in Americas up 73% and Asia up 177%. Profit almost doubled from same period last year. Wow

[Muse]

Gotta love MFT. How much of its business model is coat plus margin? Might be fun when costs going up but hurt when/if costs fall in a year or two

[Bjauck]

Better than that:

It is SATISFACTORY.


You gotta learn the Mainfreight lingo man

They just get on with things without the unjustified overblown rhetoric of some other companies.

[macduffy]

Tremendous numbers! Note however, that revenue increases, huge that they are, don't keep pace with business volume increases.

I hold.