Forum Topics MP1 MP1 CEO and CFO Exit

Pinned straw:

Added 2 years ago

CEO and CFO exit is a red flag for me (I usually exit the position at a loss as a rule - Which has served me well in the past).

For Megaport, Bevan still has a significant shareholding in the company and I would like to believe that he is making the decision that aligns with me as a shareholder.

  • I will wait for the 3rd Q result and make a call as to what to do with my position.


Valueinvestor0909
Added one year ago

Interesting perspective from Bevan.

Megaport has been a massive learning curve for me. Fortunately, It worked out better for me.

Now that I am thinking/contemplating, this definitely was riskier than I thought. One of the main reasons for me to hang in there was Bevan and his interest was aligned with shareholders.

I wonder, would Bevan have jumped into nitty-gritty of the business and helped it turn around should he didn't have larger holdings himself?


INCENTIVE MATTERS! and why it is important to have skin in a game.

Lesson for me: If there is turn around, no matter how good the story looks don't go if management incentive isn't aligned.

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