Without wasting more time with this looser, back on MFG performance itself , investors seems to like what they have seen.
Unfortunately people look at the top line number only. The top line number will get better as soon as the A$ gets back to normal range of 72 to 73 cents by at least 2 to 3 B in A$. This will take EPS to 2.80 range.
I don’t think market is going to give that 20 range PE for some time until the principal investments start firing. But at 17 PE it should take the SP back to A$45 to 50 range with the FY 2022 results in August 22 .
Ann: Funds Under Management - October 2021, page-23
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Last
$9.31 |
Change
0.210(2.31%) |
Mkt cap ! $1.682B | |||
| Open | High | Low | Value | Volume |
| $9.31 | $9.41 | $9.23 | $4.492M | 481.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1861 | $9.30 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.33 | 741 | 1 |
View Market Depth
| Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |