Hmm - revenue growth not too bad (even better than the single and probably somewhat conflicted analyst estimated). Development of earnings (pardon - losses) might be on track for a small end of year profit.
Just wondering what happened to the non tangibles - nearly slashed in half. Did they had to write off the CFO's table calculator or something or is this just the new accounting standards? Not interested enough to check myself, but as a shareholder I probably would be.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
I have a very small holding which I have held for some time but the sp is just meandering along going nowhere and I am wondering whether to bail and invest in somethings that actually moves, preferably up
I’ve been waiting (too long) but will wait some more. Planning on finally buying MFT with any profit. Definitely been an Opportunity cost mistake on my part with this one.
I’ve been waiting (too long) but will wait some more. Planning on finally buying MFT with any profit. Definitely been an Opportunity cost mistake on my part with this one.
funnily enough I topped up my MFT today with ERD funds
I have a very small holding which I have held for some time but the sp is just meandering along going nowhere and I am wondering whether to bail and invest in somethings that actually moves, preferably up
Out for a long time. While I think that the industry has some potential, do I fail to see whats special about this still small, loss making and, to be honest, not that fast growing NZ company to think it will make the race to become the Google of its industry.
Lets face it - collecting road user charges based on mobile data and GPS is not rocket science ... and if we combine that with fleet management, then there are just many larger and more experienced players around.
Best thing which probably could happen to them is that a better off newcomer to the industry buys them out, but not sure I would hold my breath.
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"Prediction is very difficult, especially about the future" (Niels Bohr)
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