MFT - Mainfreight. Global Freight & Logistics

[Maxtrade]

I know u got this inspired thought from where mate ...lol

Hopefully MFT will not go in deep hibernation like FPH ....


IMHO its actually the SP which will follow EPS ...so just like EBO which has higher eps forecasts ahead ....MFT is also on similar path with little more doubts about its immediate future earnings ...where as FPH surely needed more time to Normalise the super big Covid year ....not easy for a company which was on 10% growth trend to do 56% revenue growth in just one year then normalise quickly ...Disruption caused to SP was too much to handle and its suffering a hangover of plenty

MFT on other hand may be able to handle covid normalisation better as organic growth is easier then FPH ...but still fingers crossed

MFT showing downtrend in place, broke through $79 which was a tell tale sign, if $78 breaks this week then we might well see a swift further decline to test support at $76.

General markets not looking to positive for any real relief any time soon. Some investors might consider selling and taking profits off table at these levels and wait to see if regain some overall more positive trends in a few months time.

MFT downtrend seems to be in place since last October now! got to pretty inflated elevated levels, as a lot of stocks did, so have quite a bit of 'room' to retrace.

[Peitro]

As long as Freight is a logistical challenge, MFT will continue to provide value to customers and will be duely rewarded. Stories of freight congestion and the Freightos Baltic Index not receding anywhere as quick as predicted both support satisfactory performance going forward. Picking there will an uptick in the NPBT I had estimated at $446M =$475M?

[kiora]

"Big giver: Mainfreight’s Bruce Plested"
https://businessdesk.co.nz/article/c...-bruce-plested

[Leemsip]

Reckon MFT heading for $50 once the housing recession hits over the next couple of years.

One of NZ best companies, so definitely a buyer at some point.

[alokdhir]

Reckon MFT heading for $50 once the housing recession hits over the next couple of years.

One of NZ best companies, so definitely a buyer at some point.

Brokers have $ 103.50 as consensus target for year ahead ...rest is up to u to decide ...it will be $ 50 or $ 100 in a year ...lol

[bull....]

see there talking about a trucker recession in the states

The U.S. freight recession has arrived; autonomous innovation expanding

https://talkbusiness.net/2022/05/the...line%2C%20too.

wonder if it translates to everywhere the same issues?

[Shareguy]

see there talking about a trucker recession in the states

The U.S. freight recession has arrived; autonomous innovation expanding


https://talkbusiness.net/2022/05/the...line%2C%20too.

wonder if it translates to everywhere the same issues?

Thanks for posting Bull. No question it’s going to be a good result this year but real risk to the downside going forward.

[maclir]

see there talking about a trucker recession in the states

The U.S. freight recession has arrived; autonomous innovation expanding


https://talkbusiness.net/2022/05/the...line%2C%20too.

wonder if it translates to everywhere the same issues?

It's a complex story, but not great news, certainly you'd think the larger freight companies are much less vulnerable to these spot rate changes than thpse new drivers who have come into the business in the last year.

[Baaarney]

Last Week Tonight with John Olliver had a really interesting piece on truck drivers in the USA - most are contractors getting screwed over by big trucking companies.
https://www.youtube.com/watch?v=phieTCxQRLA

[Bjauck]

Last Week Tonight with John Olliver had a really interesting piece on truck drivers in the USA - most are contractors getting screwed over by big trucking companies.
https://www.youtube.com/watch?v=phieTCxQRLA

Olliver is a lefty liberal Limey telling American Capitalism that it should not to exploit workers by making them into "contractors". Who does he think he is?