MXI 0.27% $1.85 maxiparts limited

Ann: FY19 Full Year Results, page-6

  1. 16,929 Posts.
    lightbulb Created with Sketch. 140
    Well it's not good news.
    The drought continues, hitting rural transport. The general economy is sluggish so we are seeing the same hit on trucking as the US, a comparable economy in road distances and rural downturn.

    But no alternative except to hold because it will recover. History has shown it comes back from these cycles as the previous poster says.
    I've experienced it before and never made a loss by holding.


 
watchlist Created with Sketch. Add MXI (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.