Agreed Techstep.
I think MK is very focused on the main game here. He's team is moving quickly on iron ore exploration and mining, cashflow is invested into other businesses where he sees a future.
Whilst investor moan about MON dropping share price, every other stock is also having the same experience. Just like a savvy investor buying low, MK is using the strong cash from TTY to buy up assets low, so when other stock prices moves up, TTY will move up in a multiplier manner.
I'm not happy about the share price performance recently at all. But it comforts me to know that TTY is cash positive and trading on P/E of 5x. imagine if they geared up and bought better business assets.
Agreed Techstep.I think MK is very focused on the main game...
Add to My Watchlist
What is My Watchlist?