In strange, stub my toe kind of way, I have missed our little tet a tet's. It has been hard ignoring your banter and I love the obvious ways you use to try to bait me and drag me out. Kind of makes me feel wanted, thanks.
I agree, I said fantasy and I am sticking to it, I may even upgrade that to hallucination after your recent posts.
How can you argue with MNF published figures 4C's, 1/2 yearlys, etc and published growth rates and revenue???? Are you serious??? My god man, you had very little cred before you started down this path and now you have gone off the deep-end!
MNF turnover near doubled, yeah? So it's stock in trade creditors doubled too, seems reasonable, if not exactly comfortable - of course I would prefer debt to fall ok.
Anyway, seeing as how we are now clearly passing the bong around perhaps I could theorise by saying that MNF has achieved profitibility in a record time of around 2.5 years, had the directors decided to take the expected 4-5 years then we simply would have had another year or 2 of small lossess until FY10, six of one half a dozen of another I say.
How is ENG profitibility looking after 8 years and nearly $37M of shareholders money wasted. Kind of brings it into perspective doesn't it when you consider that MNF has only spent about $7M to get to this point.
You also clearly miss the point that Symbio is a gift horse for MNF $2M of free credit! Would you like $2M of free credit right aboiut now! Yes I would.
Don't talk to me about shareprices in any public company unless you have a crystal ball certified by Harry Potter himself. Who the hell knows with SP's in any company right now. I stopped talking SP as a means of furthering my points in Jan 2009, I believe I have been consistent in this regard. SP is a meaningless thing to discuss right now and you know it.
Ok, now, your statement that MNF only grows because Symbio gives it free Symbio customers has now elevated you Astral Projection status and that is quite a step up from hallucinating I must say. Symbio is a wholesale supplier of switching, VOIP etc and has a handful of customers, one being Skype. How do you reckon that the MD of Skype would react if he was asked to become an MNF customer? Did Symbio ever have 10,000 customers? You are just making this stuff up because you are ignorant.
Given your sterling actuarial & merchant banking prowess do you think you could run your finaciual ruler over a few more companies and give us a net worth? Try some of your favs like ENG, JGL, etc. Your valuation methods seem to indicate that if a company makes a loss or a small gain and has any debt that it is worthless. If you were running ASIC there would only be about 27 companies left on the ASX. LOL!
Float on PP.
PS: Mods, I am putting this little black duck back on Ignore shortly ok so this won't continue but this poster really is making outrageous fictitous statements and has been baiting me non-stop. I believe my response to be quite restrained under the circumstances. I am not complaining and would not TOU him or have him moderated but I really do deserve a right of reply, thanks.
MNF Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held