MNF 1.21% $5.73 mnf group limited

60000 paying customers up 7500 in 3 mths, page-6

  1. 1,871 Posts.
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    agree with all these points. Was delighted to pick up another 200,000 mnfo for 0.3c before the end of june. talk about a bargin, 600 bucks! could easily be 50c by feb\mar next year which will make those babys worth 50k.

    Someone had the sense to pick up the rest on offer at 0.5c today, thats the last well see of that. I think revenue losses have been decreasing by about 300k per qtr based on the last few qtrs, to reach break even last qtr.

    They will have forked out a fair bit on the cbit show this qtr so i wuld guess they will break even again give or take. My revenue predictions consistent with previous growth are:

    fy09 Qtr 1 - 300k, qtr 2 600k, qtr3 900k, qtr4 1.2m = 3m for fy 09 at a p/e of 10 makes 30m market cap.

    Fy10 same theme makes qtr1 1.5m, qtr2 1.8m, qtr 3 2.1m, qtr 4 2,4m = 7.8m. Again a p/e of 10 gives 78m market cap. This makes a shareprice of $1.50 within 2 years quite feasable.

    keep going for 4-5 years and you have the next seek or realestate.com

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