Do you read before making comments. My table shows that underperformance for 12 months have dropped rapidly from month to month. It is still in deficit, which won’t be there for long. Deficit in January 22 is much less than December 21 for 12 months. Also I mentioned last two months MFG has done better, I didn’t mention 3 months average yet.
At the rate performance is moving, may be end February 22, even the 3 month deficit may not be there.
What is more important is the trend which very clear, not exactly whether it change over on particular month.
It is not difficult just to look at the monthly number for December 21 which was reported as positive for MFG. January monthly number is not out yet, it will be very close.
If the monthly number is good, after 3 months the 3 month average will be better too. It is smart to pick the trend early. No more 10 or 15 % underperformance. December and January month only figures MFG is positive or line ball.
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