Hello blokes. Good to hear from you. I know exactly where you are coming from, but I am a strong believer that if a company comes up with good firm positive news, that it can turn around and make gains in any market. Yes MVH has lost some of its shine, some due to the lack of deals to date, some due to the old crew dumping out, and of course, the very tough market at present, but if MVH can show sales growth, tie up the cochlear deal, and possibly throw in a revenue positive acquisition, I believe that MVH can turn the corner. The current market has brought most companies back down to earth, and premiums in share prices are all but gone. Unfortunately, MVH probably deserves to trading where it is due to its poor performance in bringing in any major revenue, deals etc. However, those that have produced the goods have gained strongly. If MVH can put together and show the market sales growth, sign off on MOU's in place, and get to a point where they are breaking even, the market will take note. I feel there is a lot going on behind the scenes, and with the tight register, the KSX crew out, it only a matter of time until the deals/revenue come rolling in, and the share price reacts accordingly, all be it a bit slower than it may have a few months ago. One gets the feeling that there may have been some news that could have already been announced, but management may be possibly waiting for the markets to settle before releasing anything to the market?? Heres hoping for a positive quarterly report, and a turn around in MVH.
Noggie Read disclaimer
MVH Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
