MNF 1.21% $5.73 mnf group limited

FY19 numbers are disappointing when compared to last years FY18...

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  1. 2,087 Posts.
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    FY19 numbers are disappointing when compared to last years FY18 AGM guidance ie pre Pennytel

    Back then $28.5m of EBITDA was forecast to deliver $15m NPAT. Now you have to look out to 2020 and the benefits of the IAB purchase before they get back to that $15m expectation. More costs below the EBITDA line tell me the business is becoming more capital intensive
 
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Currently unlisted public company.

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