MFD 0.00% 54.0¢ mayfield childcare limited

I assume there are quite a few holders (like me) who are just...

  1. 41 Posts.
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    I assume there are quite a few holders (like me) who are just biding their time sitting on a solid parcel and waiting for the MFD "correction" to occur (see chart of total enterprise value/ EBITDA for the current and ongoing multiple disparity with Think (ASX:TNK) and G8 (ASX:GEM) below), which shows a significant comparative undervaluation of MFD. In the meantime, you are spot on - few places where you could put your money at current MV (if you weren't already lucky enough to have bought in or consolidated at $0.86) and lock in a 9-10% yield that is excl. any growth in underlying capital value. Recent recovery in G8 and TNK SP shows added market confidence for CC sector in CY2019. Hopefully upwards from here. 

    https://hotcopper.com.au/data/attachments/1427/1427809-de76dd79fe975186b3634027c78c33ee.jpg

    Last edited by Eskrow: Grammar 04/02/19
 
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