MFG 0.70% $9.95 magellan financial group limited

MFG Fair Value, page-124

  1. 7,495 Posts.
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    you have got it in a nutshell pretty much how I try to value stocks.

    But then from your own number plugging you come up with a fair value of $24.82.

    And yet the share price is $21.68.

    So then doesn't that mean if one uses a scatter gun approach to collecting under valued companies, then isn't this a chance for you to acquire a position since the share price is trading under 'value'.

    In which case, why is your sentiment 'sell' and your position 'not held' ??
 
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