Ann: Delivers Strong Growth and Record First Half, page-19

re: Ann: Delivers Strong Growth and Record Fi... Sagh, I rate about 20 equities in my investment research and MNF comes out close to to the top on a number of criteria based on profit/cashflow, Balance Sheet strength (not good for MNF) and growth over last 5 years. Even with the weak balance sheet MNF comes out near the top in terms of cheapness based on current share price v fundamentals.

I did a little exercise with the SP at $3.50. The company was not as good value at that price, but still worth buying for the value represented at $3.50. I'm in big (for me) at $1.80, but would only go in small time at $3.50. Not saying it will go that high. It should also be noted that there are risks with the helter skelter growth based on acquisitions combined with weak balance sheet. It just needs one T/O to go wrong and MNF could go backwards financially for a year or so.

I like MNF at the current price, but DYOR.