MFT - Mainfreight. Global Freight & Logistics

[Snow Leopard]

quote:Originally posted by Lawso

MFT is not a stock I follow but I reckon the NZSX surveillance panel should be taking a hard look at the s p movement over recent days, pre-announcement. On May 19 the price was down to 210, then it rose pretty swiftly to close on Friday at 244, a 16% jump in six trading days. Just good guessing or did some people know something?

Yes, they knew there had been an announcement that Mainfreight had acheived a full takeover of Owens as I said quite clearly in this post:

quote:
[] [8D] [}]

[Lawso]

So that's what [] [8D] [}] was all about.

[Snow Leopard]

[] Toll have sold their Owens share to Mainfreight
The share price will go up
[8D] It will help their future profitability
[}] Toll only made 1 cent per share on 18 months Owens ownership
I told you all it was going to happen.

[Snow Leopard]

$2.70 on Friday.

Disc: One Happy Tiger

[limegreen]

A happy day indeed

DISC: After recent upheavals, now MFT heavy.

[limegreen]

All time high at close???? here's hoping! [:0]

[Snow Leopard]

quote:Originally posted by limegreen

All time high at close???? here's hoping! [:0]

encore?

[Snow Leopard]

Well well, yet another high, $2.83 this time.

[limegreen]

I keep getting tempted to post optimistic predictions. However, rather than test fate, I'm happy to let the SP do the talking. But if I did that, then it would end up seeming like the Thread of Paper Tiger and Limegreen Gloating. Oh wait...

[Snow Leopard]

Don't worry limegreen, the "it can't go any higher, time to sell" and/or "it's dropped N cents you should have sold" posts will come along at some point and provide a bit of balance.

I am gently kicking myself for not buying some trading stock at $2.35 a while back soon after selling them at $2.50.

Still can't complain, no one listens.