Forum Archive Index - March 2000

["Mark Hubbard" <mhubbard@es.co.nz>]

I looked at it quite a while ago, and the I found the share price then stacked up pretty well (based on my assumptions for discounted earnings). I did not invest at that stage though, because I thought other companies offered better opportunites (from memory, about that time I invested in Warehouse). The one worry I did have though, was that it is in a ruthlessly competitive industry with low margins. Those large margins may especially be signficant this year when you consider the impact of this year's increases in fuel costs (when I did my discounted earnings analysis, I was not factoring in such big increases in fuel costs that seem to have occurred).

 

Note that this is pretty much, however, an uninformed opinion.

 

(I hold no Mainfreight shares)

 

----- Original Message -----

From: Derek

To: sharechat@sharechat.co.nz

Sent: 25 March 2000 1:08 PM

Subject: [sharechat] Mainfreight - MFT

Is anybody here involved with this Company? Shareholders comments, outlook?

Regards,
Derek