MNB 2.22% 4.4¢ minbos resources limited

Broker Data, page-295

  1. 1,508 Posts.
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    Suffice to say , That the broader market is well aware of our Self proclaimed 'world class' management's past performances . All these continued indiscretions create further doubts for any perspective players that may have remotely considered jumping in .

    Management must gain investors trust , At the moment they are not . They are only reminding people of their past endeavours !

    The market is well aware of our management ! Retail may fall for it but not the big boys . A company can have the best fundamentals but if the market does not trust management , it is very hard for the S/P to gain real traction.
    Hence , Why we have , Next investors and now the new digital marketing campaign. The investor pool knowns MNB , So they must try and harness new unsuspecting investors .

    As i have said it many times ,At the end of the day , I want this project to succeed and want all of us here to make some good coin out of this . But Management really are not doing themselves any favours .They must surely realise that people get once bitten, Twice shy . And , boy oh boy ,These chaps have bitten plenty of times .

    Management is just as important as fundamentals . In fact , one can have greater success with less fundamentals . One the market always looks for is management that has a proven track record , This demonstrates to the market that they can execute plans .

    Basically me being invested here , Goes against my investment principals . But i have banked my profit and took my initial outlay off the table and am now free carrying , And am perfectly fine with risking what i have left on the table for a bit longer .
    I do like the story , Not the management !

    PS. I can only imagine CHUK going in to Pulitzer/ Marketing overdrive mode .
 
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