MFB - My Food Bag

[winner (n)]

No diners in restaurants ....probably getting MFB delivered and cooking their own decent meals.

Expect a good outlook statement next week from MFB


Extract -

"We are already facing a big dip in the number of people who are going out to eat at restaurants," he said.

"So adding more cost would discourage even those who are actually going out to eat out. Do we want half-full restaurants? Or do we want a completely empty restaurant?"

https://www.stuff.co.nz/nz-news/360979599/one-meal-sold-all-night-double-whammy-wellington-restaurants-fuel-crisis-drives-away-diners-and

[Pierre]

Dare I suggest that, following the recent LCD news, an investment next week in PEB at 27cps is likely to produce a dramatically higher capital gain  before year-end than an investment in MFB at a similar SP. Not investment advice, of course.

[Habitz]

It's pretty ccool both MFB and PEB closed on 27 cents yesterday. Cue the starters gun

The Thai restaurant in Thames was 80 percent full after 8 last night when we arrived. Decent meal for not much money. Beats cooking imo

[Basil]

Comparing apples and oranges is not especially useful in my opinion.  I prefer apples and rarely eat oranges...the acidic content of which is something I'm not especially fond of, a bit like the acidic way PEB have burned away endless capital from so many capital raises I have lost count.  At least with MFB they have only smashed the capital into smithereens once, after they listed, whereas PEB, I really have lost count.

MFB is in play, whereas PEB is not.
MFB is capable of paying as much as 15% gross dividend in FY28 if a takeover is not forthcoming whereas its anyone's guess when of if PEB might ever pay a dividend.  MFB is much more of heads you win, tails no takeover and with huge dividends in the years ahead you win even bigger.

PEB you are living in hope just like previous shareholders over the decades have lived in hope before you.

One company meets the definition of investment, the other is clearly highly speculative.  Like I said mate, its a case of apples and oranges.  The acid in Oranges eats away at the enamel on your teeth...so should be eaten in moderation. i.e. be careful.

[Pierre]

Just teasing Basil, though I did say capital gain, not dividend. I expect it will be quite a long time before PEB even considers a dividend.

PEB has been my spec play for many years and looking forward, not back, 2026 just might be the year it delivers the goods.

Meantime HLG, TRA and TWR among others are steaming along and comfortably funding my travel and retired lifestyle.

[Habitz]

Both have fallen far and struggle to get off the floor, I think both companies share a level of expectation and possibility for the unknown

Since recent lows PEB has risen faster/further than MFB but now sitting equal, where might these go in just the next six month. PEB is still a 50/50 heads or tails call, an appetizer but not a helping for income investors

[Basil]

Just teasing Basil, though I did say capital gain, not dividend. I expect it will be quite a long time before PEB even considers a dividend.

PEB has been my spec play for many years and looking forward, not back, 2026 just might be the year it delivers the goods.

Meantime HLG, TRA and TWR among others are steaming along and comfortably funding my travel and retired lifestyle.

All good mate.  I have a small speculative position in Silver which has quadrupled over the years and nearly kept up with HLG lol but like your PEB, it doesn't pay any dividends.  I think speculative positions need to be kept to a sensible size but you strike me as a smart chap so I'd wager you've worked that out already