absolutely correct and this brings me to the next point. FY 21 during 1st half MFG EPS was A$1.14 with average FUM of $101 B. During FY22 in the 1st half to 31 Dec 21 average FUM is $116B currently with only 1 month to go. My estimate for EPS for this period is $1.30 to 1.40, with bit of increase performance fee about $10k and principal investment profit of $5k.
So the profit is going to be around 20% more. FY will be $2.70 range. On that basis dividend yield will be more than 7.5%. Where will you get that kind of return. Invetor confidence is very low as you can from the comments in this forum, market is waiting actual numbers published in my opinion in Feb 22.
Even as at today FUM is still $116.5 B even after FAANG stock took a hit on last Friday. A$ drop to .70 cents which is helping MFG.
Ann: Funds Under Management - November 2021, page-19
-
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.95 |
Change
-0.070(0.70%) |
Mkt cap ! $1.779B | |||
| Open | High | Low | Value | Volume |
| $10.04 | $10.13 | $9.92 | $3.725M | 372.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2494 | $9.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.00 | 45242 | 13 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |