MFB - My Food Bag

[huxley]

Comments from Chris Lee’s Taking Stock 18 August 2022:

“…The share price continued its descent following the update, hitting fresh lows
as bargain hunters, perhaps inspired by the 13% gross dividend yield, continue
to pick up small volumes. Dividend yields, of course, are backwards looking and
subject to change, especially when earnings are falling almost 10%.”

[nztx]

Poor old MFB getting baconised even more .. who didn't see that coming ?

[Snow Leopard]

Poor old MFB getting baconised even more .. who didn't see that coming ?

Waiting patiently for the real bacon story:

Simon & Schuster

[huxley]

“…the Board intends to pay an interim dividend of 3.0 cents per share in line with last year, which we will confirm at half year results.”

Got to keep up that yield profile as long as possible!

http://nzx-prod-s7fsd7f98s.s3-websit...250/376912.pdf

[Sideshow Bob]

AGM Address & Preso:

Microsoft Word - MFB FY23 Annual Shareholder Meeting Presentation Script - DRAFT (003).docx (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

PowerPoint Presentation (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

[nztx]

Waiting patiently for the real bacon story:

Simon & Schuster

Higher supplies input costs, labour costs and consumer trends in harder times must converge somewhere
as price increases may not maintain bottom line, with more competitors in the pool.

I'm picking SP heading south as the convergence will hit the bottom line sooner or later
and dividend.. love to think I'm wrong but difficult to see how white fluffies can be pulled
out the hat to rescue the job in the current climate

Not a holder - better juicier fish to chase elsewhere

[ralph]

AGM Address & Preso:

Microsoft Word - MFB FY23 Annual Shareholder Meeting Presentation Script - DRAFT (003).docx (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

PowerPoint Presentation (nzx-prod-s7fsd7f98s.s3-website-ap-southeast-2.amazonaws.com)

Thanks for that Bob


Considering what the food Industry is going through (rbd seeka mfb etc ) that's a good report in challenging times as for those that paid the ipo price that's a different scenario I'm afraid

[huxley]

59c! Not long till it’s $100m

[Muse]

59c! Not long till it’s $100m

Down 16% in a week

Almost begs the question around continuous disclosure - wonder if RegCo will do one of its please explain things

[shareman]

Poor old MFB getting baconised even more .. who didn't see that coming ?

I said it at the start and Ill say it again: straight conjob, plain and simple