MFG in the BUY zone, page-89

Big turn around for the stock from the time John bought. I hope this is the bottom and investors closely examine the current numbers and future economical outcomes rather than listen too conflicted so call experts. My numbers I put forward are pretty conservative. On $2.60 you are assuming losses to continue at Barrenjoey losses at the same rate as the FY 21, no contribution from scale up of business as Hamish talks about, no increase of FUM from current figures, no additional benefit on fund restructure or Future pay. Benefits from associated investments too is not included yet for FY 2022. All these benefits I am forecasting for future years beyond FY22 are not included in the A$2.60 or 2.72. How conservative can you be and still way better than UBS numbers. There is no under performance since February 21 in MFG funds, in fact over delivery. So why will investors move.