My MNF growth figures would be unbelievable, even I do not agree...

My MNF growth figures would be unbelievable, even I do not agree with them as I can not believe that MNF will continue to grow @ 80%-100% PA although they have for the last 2 years since their launch. If they do continue their stellar growth then them's your figures, personally I reckon they will be good for and increase from 60K subscibers to 90K-100K subscribers and and increase from $7.5M PA revenue to say $10-$12M. But look at Q4 FY08, the buggers added 7500 new subscribers from Q3 to Q4! What are we supposed to think the future will be? Oh, yeah, and I reckon they will make a few million on the way too given that they are now operating in profit.

Mobile schmobile, WIMAX, Wifi whatever, who cares? About 100% of current VOIP customers are presently connected to VOIP by copper and will remain so. Why do you think these people would want to add another layer of complication such as wireless to their telephony eludes me at this point. People like copper, people don't like potential disruption and people absolutely hate change with a predictable passion. Security is also another point you might consider, I don't see a lot of business running wireless network here or overseas, they think cable is more secure, so do I.

Lets get clear on one point, people who need wireless generally need it only for one of 2 reasons 1) they cant get copper DSL as they do not live on the grid 2) they want to be mobile. Most VOIP customers will not fit cat 1) or 2). They will be normal people in homes and business that want to sit on a lounge or at a desk and have a phone there. They will neither want or need wireless.

MNF shares are tightly held and we are not going to let you have any, so bugger off. ;^p MNF shareholders don't dump, it is safe, a small group control a large parcel and they are not trigger happy and I would imagine that they are both vindicated and extremely satisfied at MNF performance since investing. I know I am.

Now, diepute your recent denials, in order to further your points, you HAVE inferred that MNF financials are bogus, see your most recent postings:

Posted: 17/08/08 22:20 - MNF

5)The job of a good accountant is to make figures look good, IMO MNF is up for sale before NBN is rolledout. Watch this space


Posted: 18/08/08 20:08 - MNF

IMO i dont believe MNF FY08 balance sheets. Compared to ENG & FRE customers & revenue the numbers dont stack up so i take it with a pinch of salt. MNF can play the numbers all it like to try and get a sale


Ok Phishi, put up or shut up............or backdown, I will accept that. :^p