MFT - Mainfreight. Global Freight & Logistics

[couta1]

That's also very true. I've just "retired" so I have a bit more time to focus on the sharemarket and I am finding that I actually quite enjoy trading and applying a bit of technical analysis .

Investing is like a Flat White whilst trading is like a Double Expresso.

[kiora]

Here is the legendary Phaedrus's take on MFT back in 2004. He might have been better to buy and hold on to a few!!

He was a legend

MFT can easily be paralysis by analysis.
Same as the top hand full of NZX stocks.
But who knows whether the next 10 years will bring the same for these nuggets

[winner69]

I make it 38 using the last two six month periods earnings

Second half generally more profitable than first half so FY profit of $330m on cards

That puts MFT on a forward looking PE less than 30

Still cheap as eh

[Shareguy]

I think so . Quality is worth paying for. Added some more yesterday.

[Rawz]

Second half generally more profitable than first half so FY profit of $330m on cards

That puts MFT on a forward looking PE less than 30

Still cheap as eh

Can they repeat it thou? Are theses numbers the new normal or will profits fall back in line with their historical trend once the global supply chain is rectified?

[dobby41]

Investing is like a Flat White whilst trading is like a Double Expresso.

My Flat Whites are made with a Double Espresso (no ex about it) so the best of both worlds.

[alokdhir]

Can they repeat it thou? Are theses numbers the new normal or will profits fall back in line with their historical trend once the global supply chain is rectified?

Keep in mind they are still a growing company ...so if margins fall after this supply chain issues are resolved in next 1-3 years then still they will be having much higher profits because of increased market share and increased areas of operations etc

So their long term SP increase rate of around 30% yoy will still be ok .

Calendar 21 started @ 70 ...so $ 91 is normal increase ....Next year should be TP of $ 118 ...IMO

[winner69]

Can they repeat it thou? Are theses numbers the new normal or will profits fall back in line with their historical trend once the global supply chain is rectified?

Unlike you rawz to be a bit bearish

What historical trend trend could they revert to -- from chart below -- pre 2018 or 2019/2021?

[alokdhir]

MFT consensus target raised ...average target price of MFT is $ 104.15 ...with high of $ 127 and low of $ 95 ....so overall it will still do satisfactory for another year or so ...Surely a hold if not a buy !!

[nztx]

MFT consensus target raised ...average target price of MFT is $ 104.15 ...with high of $ 127 and low of $ 95 ....so overall it will still do satisfactory for another year or so ...Surely a hold if not a buy !!

What ? - no multibagger(s) here ?

Maybe they need a share split to help things along ?

can never have enough new boys & girls feeling that the price for a piece of the pie is more within their means