MNF 1.21% $5.73 mnf group limited

I really like this business, think its got good long-term...

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  1. 1,698 Posts.
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    I really like this business, think its got good long-term potential.

    But for the moment all I need to know is in this presentation - forecast NPAT of $7m assuming no surprises, and market cap of $239m. Forward p/e ratio about 34. When it comes down to 25 or so it could be worthy of a punt, but not now, IMO.

    To get down to 25 (which is still fairly high!) means the share price needs to pull back to at least $2.80.

    DYOR
 
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