Comment / Analyst corner – in a safe pair of hands with Mainfreight?

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Having said what had to be said on New Zealand’s Mainfreight* (MFT), here’s a quick add-on based on what others thought post-fiscal 2024 results out yesterday, 29 May. 

(*At our end: focus was on what sets it apart (qualitatively) from the rest of the lot in forwarding, while surely acknowledging here that with a market cap of NZ$6.9bn (U$4.2bn) it is dwarfed by its major listed rivals.)

In one reaction note (headed: ’SnapShot’) after another out today (’Hard yards’), the analysts at UBS ...