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Re: [sharechat] Mainfreight


From: Mark Hubbard <mhubbard@es.co.nz>
Date: Tue, 01 Oct 2002 12:00:09 +1200



Why has MFT shares taking a hit on low turnover? They have reached all their forecasts. They have a very transparent reporting system, so there shouldn't be any scares. They have only been this low 3 times in 6 years, maybe they are ripe for the taking, if you are prepared to hold 6-12 months.


No idea really, but as an educated guess I'd say investors factoring in higher costs through higher fuel prices, re potential war with Iraq, re already higher oil prices ?

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