MYG

0.73%

69.0¢ mayfield group holdings limited

Like you, I prefer companies that do not try to do too much...

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saintex

4,434 Posts.

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14/08/24

22:24

Post #: 75210981
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Originally posted by madamswer: ↑

"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.

'

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Like you, I prefer companies that do not try to do too much marketing to promote their stock.

At the same time, I appreciate companies which do presentations like Coffee micro caps, Share Cafe or ASX presentations, as it really helps me to better understand what companies are really doing and not get just a general idea about their business.

Last edited by saintex: 14/08/24

MYG Price at posting: 88.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 69.0¢		Change 0.005(0.73%)		Mkt cap ! $63.11M

Open	High	Low	Value	Volume
69.0¢	69.0¢	68.0¢	$5.463K	7.919K

Buyers (Bids)

No.	Vol.	Price($)
2	124	71.0¢

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Price($)	Vol.	No.
75.0¢	10000	1

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No.	Vol.	Price($)
2	124	0.710
1	4311	0.700
2	10541	0.680
1	1400	0.670
2	35603	0.660

Price($)	Vol.	No.
0.770	1300	1
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Like you, I prefer companies that do not try to do too much...

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Like you, I prefer companies that do not try to do too much...

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