Whilst earnings are obviously going to drop:
Based on those projected earnings, MFG trades at a very attractive forward PE multiple down here:
I've kept buying small parcels over the last couple of months along with PTM.
Data is from Bloomberg.
Valuation still looks convincing
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Last
$9.73 |
Change
0.090(0.93%) |
Mkt cap ! $1.758B | |||
| Open | High | Low | Value | Volume |
| $9.52 | $9.81 | $9.44 | $7.036M | 726.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1479 | $9.72 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.73 | 12212 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |