whats wrong with macquarie, page-18

Hey guys,

Here a copy of a post i wrote on mqg 1 month ago approx just after the drop after announcement.

'Looks about right the drop, Doesn't seem overdone to me and i'm pondering puchasing today or in the low $30's. Hard to tell where it will go from here however i guess it depends if you think mqg will do full year of 800, 900, 1 mil or 1.1 mil. And who knows the answer to that... noone'

And for now:
Now for mqg to reach their target which from memory but don't quote me was 1-1.1 million, they would need to double first year profit in the 2nd half. i.e. make 600-700 million.

If i think they would be reach their most recent forecast i would be buying now but i think it's a stretch.

I would feel more comfortable below $32 at the moment but will wait and see i guess :)