Happy to see the results in two months. Again how many times do I have to say that there are more ways to raise money than to dilute. Again you value the company as you see fit on a formula that may or may not be correct. The market will value the company how it sees fit. However, whilst it may be old fashioned I still rate ALL companies that make EBIT profits at a premium. How much value do you put on profitability or do you bury your head and run to the formula book to make excuses as to why you are spending shareholders money without just cause. In my opinion a company must be valued on its ability to generate income and then profit whilst controlling its costs. MVH under the tutilage of Jitto Jason Wendy and staff is both expanding its business base and increasing its revenue whilst keeping its gross profit %age. There is only one being (if you believe) that could make profits without working and expanding. The old adage- spend money to make money but MAKE PROFITS surely applies to MVH.
Cheers
Silver
IMO DYOR
MVH Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
