MFG magellan financial group limited

Shorters are crying, page-161

  1. 4,335 Posts.
    lightbulb Created with Sketch. 1218
    lol....u wish, predicted this almost precisely!....let me point it out CLEARLY for the laggards, as per my earlier "history repeating chart":
    https://hotcopper.com.au/data/attachments/6402/6402998-96b89935ac538e2af87aff591e46731c.jpg

    wow - what do you know??? its dropped almost $1 since the cum-div high [just like last year]!! sneaky.png who stated EXACTLY that.rolleyes.png


    but wait for it.....look whats gonna happen to the SP as you head to NOVEMBER confused.png...this WILL repeat. as predicted. wink.png

    This oscillated for a while, typical FUM gets released, sp nosedives immediately, only to recover until the next monthly FUM release. Openly stated that any1 could've ridden this highly predictable wave - well done if you did! ....also clearly stated it was short lived.

    The BB and special divs would only last so long.....and guess what Mr ROOKIE?? $$$$ are now gone. Kitty'$ empty!! no more $$$$ left.....confused.png

    now NOTHING will artificially prop up the ailing SP. FUM drops will NOT be met with buyer volume as the ca$h splash appeal is now gone. This WILL react ONLY to fund performance and losses magnified by FUM CLIENT [out]FLOWS....

    cant hide behind FX, buy backs nor special divs anymore.....fully exposed now to the REAL business drivers.eek.png

    so, final div of 28c? means interims will be 15c tops, partly franked at best.....~43c on a $9 stock? 4.7% annual yield.....get more in a savings account....retail will continue to BLEED out....what will happen to your mngt fee income?? rolleyes.png

    hope I added enough emojis for @Moonshine66biggrin.png
    Last edited by mickeebee: 23/08/24
 
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Change
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