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  1. #1871
    Guru
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    Quote Originally Posted by Rawz View Post
    Yes it’s on the watchlist. Just need to get through this slide in deliveries and see where it bottoms out. Why bet now? The insiders certainly not betting big with their $10k purchases. Better to be safe and wait for the next report.

    The other problem MFB has (and that 2CC didn’t) is the big pile of debt crushing it. Can’t see a dividend anytime soon. Hard to see a phoenix moment here
    And what will the share price be when the road ahead is visibly clear to all comers?

    You are essentially saying let's wait for the rebound and get in early on the rise.

    Easier said than done.

  2. #1872
    Senior Member
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    Oct 2019
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    598

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    Quote Originally Posted by SailorRob View Post
    And what will the share price be when the road ahead is visibly clear to all comers?

    You are essentially saying let's wait for the rebound and get in early on the rise.

    Easier said than done.
    I still think we have a downturn coming as its starting to hit certain sectors. People coming off fixed rates still to hit home. More spending cuts. Luxery items ie food bag people will cut just like streaming (sky tv that's you).
    I'm cutting most streaming services next year. Back to downloading again it was nice when Netflix was it. Too many now

  3. #1873
    Legend
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    Quote Originally Posted by Dlownz View Post
    I still think we have a downturn coming as its starting to hit certain sectors. People coming off fixed rates still to hit home. More spending cuts. Luxery items ie food bag people will cut just like streaming (sky tv that's you).
    I'm cutting most streaming services next year. Back to downloading again it was nice when Netflix was it. Too many now

    I think you're right there..

  4. #1874
    Guru Rawz's Avatar
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    Jun 2020
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    Auckland
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    Quote Originally Posted by SailorRob View Post
    And what will the share price be when the road ahead is visibly clear to all comers?

    You are essentially saying let's wait for the rebound and get in early on the rise.

    Easier said than done.
    Yes well when you are playing ‘catch the falling knife’ game it’s up to each player to choose when to put their hand out..

    I think MFB will report lower deliveries again at the next update. Could be wrong, often am

  5. #1875
    Senior Member
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    May 2011
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    Bright Side Pl
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    753

  6. #1876
    Speedy Az winner69's Avatar
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    Quote Originally Posted by Master98 View Post
    First glance I thought Apple had bought and said WOW
    “ At the top of every bubble, everyone is convinced it's not yet a bubble.”

  7. #1877
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    Aug 2009
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    417

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    My only concern was insiders not buying significant amount of shares...
    Cecilia has doubled her stake to >5% - that is huge!
    I now have 700K shares

  8. #1878
    Guru Rawz's Avatar
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    Jun 2020
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    It’s a big show of confidence

  9. #1879
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    Jul 2004
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    Habour has obviously been feeding the market.

    What happens when they run out??

  10. #1880
    Guru Rawz's Avatar
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    Jun 2020
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    Auckland
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    Quote Originally Posted by Sideshow Bob View Post
    Habour has obviously been feeding the market.

    What happens when they run out??
    SP does the zoomies to 20cent +

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