MFG magellan financial group limited

0.38%

$10.43

MFG in the BUY zone, page-770

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3,151 Posts.

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24/11/21

08:42

Post #: 57803889
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Originally posted by Chella: ↑

FUM still holding on to $118 B and average for 5 months is $ 116 B+. Last year’s FUM for 1st HY was $ 101 B. Performance fees is about 10m more . No principal investments loss of $6M incurred LY too.
Work your sums and see what you expect the EPS is going to be for 1st HY 2022.
Contrary to what critics say MFG FUM performance is back to where it was prior to Covid period.
November 21 FUM should be reported in 2 weeks time.
As it stands if $118 B is reported against last month’s $114.8, what do you think the investors will do on that day assuming no other issues crop up.? This long period of negativity on MFG should stabilise and start showing positivity running up to half year results.
With the interests rate moving up world over it is going to be interesting times.

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Hi @Chella

Does that mean you agree with the maths in the spreadsheet and Magellan isn’t performing as well as you have been saying due to rounding issues?

Magellan’s FUM this month will be positive due to AUD/USD exchange rate slide, however the FUM in USD terms will not have grown much, if any.

Best of Luck
Lost

MFG Price at posting: $34.38 Sentiment: None Disclosure: Not Held
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0 Great analysis

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(20min delay)
Last $10.43		Change -0.040(0.38%)		Mkt cap ! $1.793B

Open	High	Low	Value	Volume
$10.39	$10.47	$10.30	$6.392M	615.3K

Buyers (Bids)

No.	Vol.	Price($)
1	96	$10.40

Sellers (Offers)

Price($)	Vol.	No.
$10.43	22131	1

View Market Depth

No.	Vol.	Price($)
1	96	10.400
2	2343	10.290
2	2000	10.260
2	175	10.200
1	2371	10.120

Price($)	Vol.	No.
10.430	22131	1
10.500	7052	4
10.530	2200	2
10.550	1322	4
10.560	189	2

Last trade - 16.15pm 25/07/2025 (20 minute delay)

MFG (ASX) Chart

MFG in the BUY zone, page-770

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