IPO - My Food Bag Group Limited - 5 March 2021 #, page-15

MFB closed on the NZX at 44 cents yesterday ... 40.7 cents in our currency ...

... whilst it still pays a dividend , and on PS & PE ratios looks cheap , that's based on last year's trading ...

The RBNZ is engineering a hard landing for their economy ... this suggests caution on MFB , more pain may be yet to come ..

...unrelated to MFB , the restaurants owned by a celebrity chef Josh Emmett were put into receivership yesterday , and he is a smart operator..

.... the food industry is doing it tough ... continue to be cautious around investing in MFB ...