MFT - Mainfreight. Global Freight & Logistics

[iceman]

Looking for new investment and have finally decided to go with MFT instead of ZEL. First time buying such a high valued stock so not looking to have a large holding to start with. Was going to revisit SPK, with its high dividend yield, but its SP hardly moves, so put my bet on MFT, which looks more promising for capital gain.

Welcome aboard. Now sit back and relax :-)

[SPC]

For some reason 'Steel balls' comes to mind. Good luck with your investment.
Not holding directly ( but exposure via KFL)

[101nick101]

I'm out I prefer rockets to trucks anyways

[alokdhir]

Is MFT bidding its time to cross $ 100 or its given up to try another season ?

Normally MFT does not recede so much from its Highs ...But still hope is there till its over $ 90 maybe

[mikelee]

yeah, been dropping about $1 a day so I just keep averaging down hopefully it's just profit taking by some punters
read about freight cost going up again this morning, so should be one of the strongest performing industry during the pandemic

[porkandpuha]

Is MFT bidding its time to cross $ 100 or its given up to try another season ?

Normally MFT does not recede so much from its Highs ...But still hope is there till its over $ 90 maybe

As a casual observer I suspect there is probably a great deal of resistance at $100. Particularly with a lot of the casual holders who see the number as more of a target than a number to value the company at. I reckon its likely to bobble around $90-$100 for a while until more investors come to terms with $100 being the new norm.

[macduffy]

The fuss over covid testing of freight transport drivers as they transit in and out of the Auckland zone probably isn't helping perception of the industry either.

[iceman]

The fuss over covid testing of freight transport drivers as they transit in and out of the Auckland zone probably isn't helping perception of the industry either.

Crazy that this is happening. The industry asked Government for consultation to prepare for this, weeks ago, but received no response.

[Jaa]

The fuss over covid testing of freight transport drivers as they transit in and out of the Auckland zone probably isn't helping perception of the industry either.

Surely this is an opportunity for a large, respected logistics company like Mainfreight to leave its competitors further in the dust by efficiently scheduling and handling the logistics of regular COVID testing. A vaccinated, regularly tested supply chain is a potential competitive advantage after all.

Fourth truck driver infectious with COVID-19 in Queensland

Nestle warehouses in some countries require their workers to take a PCR test every week before a shift starts. This stuff is basic risk mitigation.

[dobby41]

The fuss over covid testing of freight transport drivers as they transit in and out of the Auckland zone probably isn't helping perception of the industry either.

You would think that they would understand that they have some responsibilities when being allowed to roam between the areas and just get on with it.