I participated in a Q&A with CEO David George before a group of around 100 sophisticated investors. I was impressed at how well across the business he has become since the debut at the last AGM, less than a year ago.
Its a pretty good situation on current SP has paid me 3.5% annualised div and 12% annualised SP growth over past 6 months.
If business remains profitable (no debt and high margin) it is hard to find these sort of returns anywhere else that I would redeploy the funds from selling out of this holding which is underwater on what I paid but hey, what matters is what happens in future. The past is the past and the top management is all new, I assume a lot of the key staff are retained by the generous salary packages and the Options I put in bottom drawer are starting to stir too.
- Forums
- ASX - By Stock
- MFG
- Ann: Funds Under Management - May 2023
Ann: Funds Under Management - May 2023, page-24
-
- There are more pages in this discussion • 23 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MFG (ASX) to my watchlist
|
|||||
Last
$9.50 |
Change
-0.260(2.66%) |
Mkt cap ! $1.717B |
Open | High | Low | Value | Volume |
$9.67 | $9.70 | $9.50 | $3.219M | 336.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 11092 | $9.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.51 | 1881 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 10130 | 9.500 |
4 | 2348 | 9.490 |
3 | 5685 | 9.480 |
2 | 2969 | 9.470 |
1 | 1418 | 9.460 |
Price($) | Vol. | No. |
---|---|---|
9.510 | 1471 | 1 |
9.540 | 864 | 1 |
9.550 | 1549 | 1 |
9.560 | 880 | 2 |
9.570 | 35 | 1 |
Last trade - 16.10pm 22/07/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |