MFB - My Food Bag

[Getty]

All the stagged stags will be deerly missing their free lunch of venison stew in hind sight.

[Muse]

Do we know if MFB are delivering on their planned variable cost savings per the IPO? Or is that ancient history?

That’s the big question! Officially (per the company) all is on track to the prospectus forecast. But we still have a second half to go in unusual times.

I see Craigs just downgraded from 1.85 to 1.68 (12 month target price) with a spot valuation of 1.59. Current year forecast broadly unchanged but longer term (FY23 & FY24) they have EBITDA flat lining at around 35 & 35.7 (vs FY22E of 34).

A decent cash yield at 1.20. About where i got it. Dont see it going up too fast anytime soon.

[winner69]

Sometimes NZ Herald does some cool graphics …like this today

Easy to see where this is heading

[Balance]

Sometimes NZ Herald does some cool graphics …like this today

Easy to see where this is heading

Still got your short position going, W69? You picked it well past the IPO listing.

Absolute disgrace by one of the co-lead managers, Forbar, to stop covering the stock to distance themselves from this puking dog of an IPO.

[Balance]

Sometimes NZ Herald does some cool graphics …like this today

Easy to see where this is heading

New low - $1.19

What is the company going to do to try & boost the sp now?

Another update?

[winner69]

New low - $1.19

What is the company going to do to try & boost the sp now?

Another update?

Even insider buying doesn’t help eh

Tony’s last attempt to stop the ship sinking was at 136

Always buy when the Chair buys

[Balance]

Even insider buying doesn’t help eh

Tony’s last attempt to stop the ship sinking was at 136

Always buy when the Chair buys

Might need Nadia to conjure up a special dish with exceptional ingredients which will ‘prompt’ buying interest in the shares?

[JohnnyTheHorse]

Might need Nadia to conjure up a special dish with exceptional ingredients which will ‘prompt’ buying interest in the shares?

I hear she does a mean brunch https://www.youtube.com/watch?v=_fqg4zal230

[nztx]

Might need Nadia to conjure up a special dish with exceptional ingredients which will ‘prompt’ buying interest in the shares?

Free Shares hidden in each paper bag might do the trick

until the boys & girls start realising they can be sold off as fast as they arrive

[Not too Flash]

Somebody got hungry at close today ....