I understand why we have so many critics here on Hotcopper when it comes to MVH. I presume some of you guys here that are anti MVH were long time holders of this stock and had all the expectations as holders like myself have now.
You guys lost interest and lost confidence in the management to deliver all the promises thrown around year after year.
I too would have the same feelings right now if I were in your shoes.
However, I do believe MVH have turned it around bigtime. Although we cannot see this in the share price at the moment, I feel it wont be too long before MVH takes a whole new look in terms of a credability and finally delivering what they are promising.
The new chairman appointed on Wed is the start of it all. This guy will open up many avenues for MVH and its the missing link I believe that we have been missing.
I expect to see a series of new deals come online shortly. All credability will be restored over time and an sp of +30c by Xmas is what im expecting.
I feel MVH wont be cashflow negative for too much longer.
Good luck to holders.
MVH Price at posting:
7.2¢ Sentiment: ST Buy Disclosure: Held
