MFG magellan financial group limited

$50....by end of 2019?!?!, page-58

  1. 4,567 Posts.
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    fund inflows have likely fallen off the cliff due to the trade war and ongoing volatility in the world markets...Would be close to zero i imagine.

    Also its high p/e relative to the rest of the sector, most fund managers are on low double digit p/e's now.

    Its looking likely, unless markets recover consistently, that there will be no growth in profit for 2020.
    Last edited by Nige456: 29/08/19
 
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