MYG 4.12% 88.5¢ mayfield group holdings limited

"Another thing I like about this company : we can't reproach...

  1. 16,781 Posts.
    lightbulb Created with Sketch. 8262
    "Another thing I like about this company : we can't reproach them to do too much marketing to promote their stock.
    They did not even do a presentation for their half year results.
    Good that they did a couple of presentations with Share Cafe recently."

    Not sure if you are articulating what I feel, namely that it doesn't matter that they don't promote the company's prospects. Or that you feel they should invest the effort in raising the profile.

    Frankly, it suits me just fine if the only time I hear anything from a company in which I'm a shareholder is three times a year: when they announce their interim and final results and at the AGM.

    (Heck, that few people know much about Mayfield is the reason I was able to become a shareholder at a price that is a discount to intrinsic value)

    I think if one feels the need for more frequent updates about how a business is performing then that's probably not the kind of company one should care to own.

    I see much inverse correlation between business quality and companies whose shareholders who are always anxious for management to provide out-of-reporting-cycle updates. Most of the best quality companies listed one hardly ever hears from.


    '
 
watchlist Created with Sketch. Add MYG (ASX) to my watchlist
(20min delay)
Last
88.5¢
Change
0.035(4.12%)
Mkt cap ! $80.95M
Open High Low Value Volume
87.0¢ 97.5¢ 86.5¢ $70.09K 78.57K

Buyers (Bids)

No. Vol. Price($)
1 11299 88.5¢
 

Sellers (Offers)

Price($) Vol. No.
94.5¢ 2000 1
View Market Depth
Last trade - 15.58pm 14/08/2024 (20 minute delay) ?
MYG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.