MNF 1.21% $5.73 mnf group limited

mynetphone is only a bolt-on company 4 symbio, page-18

  1. 983 Posts.
    PP,

    ???????? No meds today?

    Do you ever post anything about MNF with some factual research or do we just have to put up with your "personal opinions" based on nothing more than your thoughts?

    Just to correct you, as usual, MNF have 70,000+ customers, not 60,000.

    MNF is not only cashflow positive but is also operating in PROFIT so your un-researched statements simply hold no water, as usual.

    In terms of not being able to sustain previous years growth, you need only to look at the MNF 1/2 yearly in Jan 09 to see that the growth has continued for at least the first 1/2 of FY09.

    No doubt when we see the full FY09 figures you will see that compared to FY08 $6.8M in Revenue that FY09 will show $10M-$11M+ revenue (actual cash was showing as $8M in the MNF 4C 3Q FY09 so $10M+ revenue to totally believeable).

    How is this not continued growth? Where do you come up with this stuff?????

    As for servicing the $2M outstanding loan to Symbio, this will be done from ongoing profits which will continue to grow as revenue & customers also will continue to grow.

    I do not know Symbio's thoughts on MNF, it appears to be happy as there are no notices/announcements posted on MNF news indicating otherwise. No indications of a changing of agreements, nothing. If I was Symbio and I lent MNF $2M I would be pretty happy as MNF clearly have the ability to repay the debt. Just my thoughts.

    Despite whatever you think about MNF, you can not deny history. And history has shown that MNF continue to grow and is now cashflow positive and turning a profit. There is every reason to expect growth to continue as VOIP gains traction in the marketplace. Along with increased revenues will come large profits and with only 52M shares, holders can expect a decent dividend. Eg: $1M profit/dividend would pay about 2c per share. If you buy now for 10c, make 20% in 12 mths time. It is not rocket science.

    So, PP, perhaps in future, you could add the following disclaimer to your MNF posts:

    *** PP posts about MNF are based on ZERO actual research, are all just personal opinion and come from a position of malice towards MNF and it's shareholders for reasons best kept to PP. Any posts made mentioning Symbio and it's intentions by PP are pure fiction as Symbio is a private company and only 2 people know what is going on in Symbio and I am not one of them.
 
watchlist Created with Sketch. Add MNF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.