The 'enviable position' of carriers' balance sheets...
What the numbers suggest
Here’s a short take for our shameless self-promotion corner: maybe you remember one of our latest updates concerning New Zealand’s Mainfreight (MFT) – it is here: “Taking a page out of Mainfreight’s book“.
In particular, these Premium remarks dated 4 August are well worth a reminder: “in short, the party may have just started for the multiples arbitrageurs.”
Enough said? Yes and no.
Since then, the stock breached another record high this week on Wednesday – hitting another high on Thursday at NZD47.8 – ...
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