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10-11-2015, 09:10 PM
#281
Originally Posted by tim23
I like Stride 2 but Stride 1 would be just fine!
Maybe things have really changed (after all Percy has eaten his hat) and this time the dreams will turn into reality
You obviously have the faith Tim
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
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10-11-2015, 09:15 PM
#282
Maybe you could be seduced by this model?
Methven showered with praise
Methven, the New Zealand-owned designer, marketer and exporter of water and energy efficient bathroomware, has won a Red Dot Product Design Award at the 2010 competition in Germany for its Shower Infusions, a system that "transforms a daily shower into a luxurious, mood enhancing spa experience", as can be seen from the reaction of this showering naked lady.
Methven was awarded an honourable mention and the right to use the Red Dot seal of quality on its collateral to signify the product design and innovation behind Shower Infusions, which are dispensed from an ingenious, easy-to-install pod, is among the world's best (speaking of the world's best, Auckland design outfit Alt Group picked up a few Red Dots recently too).
Originally Posted by winner69
That was my little analysis after that July presentation they did
Looks like the pumping on steroids Scenario is playing out - shareprice $2.58 in 2018 for a 42% pa return
No I wasn't seduced bck in July ..... share price much the same as back then so plenty of time to get seduced again
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10-11-2015, 09:20 PM
#283
I am sure that eventually they will make me rich
With the rise over the last couple of days I am nearly at break even on MVN:
dividend = capital loss so just down by the brokerage.
Plan A said I would sell if they got down to $1.10;
Plan B saw me on extended holidays and coming back to a $1.00 price.
But the current trend can be your friend.
...now where is my copy of Plan C...
Best Wishes
Paper Tiger
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10-11-2015, 10:32 PM
#284
Originally Posted by Paper Tiger
With the rise over the last couple of days I am nearly at break even on MVN:
dividend = capital loss so just down by the brokerage.
Plan A said I would sell if they got down to $1.10;
Plan B saw me on extended holidays and coming back to a $1.00 price.
But the current trend can be your friend.
...now where is my copy of Plan C...
Best Wishes
Paper Tiger
Plan C was " Double Up ".....
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26-01-2016, 07:43 PM
#285
Are these the Oscars of the Bathroom World
Got an email today from Methven which starts
'Dear Shareholder'
so I guess I still have some of these, although I did ignore 'Plan C'.
Anyway they keep winning awards, apparently this time in Chicago:
Aurajet Aio - Best Performance By a Shower in a Cleaning Role;
Aio Tapware - Most Nuanced Temperature Control in a Faucet.
(I may have made the awards up)
Announcement PDF << Hey look they told everyone not just me!
May be the share price will start going up again now?
Best Wishes
Paper Tiger
Last edited by Snow Leopard; 26-01-2016 at 07:46 PM.
Reason: PDF link & extra sarcasm added
om mani peme hum
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26-01-2016, 08:53 PM
#286
I wish you luck Paper Tiger with your MVN,but I do note "130 years of innovation and passion for design" has not been exactly profitable for shareholders;\
11 years -35.29%
5 years -34.52%
2 years -22.54%
1 year -8.33%.
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26-01-2016, 10:11 PM
#287
Sometimes it works out and sometimes it doesn't
Whilst being the first to admit that I would have done slightly better to have kept my MVN purchase money under the mattress so far, it is all about the future and we will see if they can inspire us with their 9 months half year results in February.
Best Wishes
Paper Tiger
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27-01-2016, 09:38 AM
#288
Always looking to top up at 1.10....been a while since its this low. At 1.12 returning 6.25% plus imputation credits roughly 8.75 % gross for me currently. Gradually reducing dividend over the years but has been quite reliable. So not all gloom and doom.
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25-02-2016, 11:28 AM
#289
HY results are out: https://www.nzx.com/files/attachments/230669.pdf
While it is sort of difficult to be excited about Methven results (well, over the last 6 years or so) ... it is the first time in that many years that they managed to increase their revenue (and as well their earnings), and that they even managed to reduce debts by 10% or so. Nothing extraordinary (and revenue still ways behind the 130 million they had in 2010 - and want to achieve again in 2018), but at least are they so far at the upper end of this years guidance and predict that their year end will be as well at the upper end (which would end up in something like $105m). Still a long way to get back to $130m in 2018, but at least it looks like they managed to catch the corner ...
Discl: cautiously optimistic and (still) holding a small parcel.
----
"Prediction is very difficult, especially about the future" (Niels Bohr)
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26-02-2016, 07:00 PM
#290
Think market will re-rate when/if delivers sold next result has flattered too often in past, I'm happy holder
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