Hi lost all rough back of the envelope calculations. Dividends are FY not CY, so technically wrong given that 1h dividend was paid a few months ago.
Basically for me I use a scatter gun approach to buy shares that I think are trading under fair value.
I use 5 position rule (which gives me a 5% portfolio allocation), and a rule that no individual position can be greater than 10% of the portfolio. I do often buy half positions as well, especially during volatile share price movements.
At the moment I have 2 positions filled (ie 40% of my targeted 5% allocation).
So plenty of room to slowly dollar average downwards from here.
The underlying MFG business is a quality business, and I believe in the investment philosophy that MFG follows. So I am prepared to go to 5% of the portfolio if the price is right.
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$8.44 |
Change
-0.065(0.76%) |
Mkt cap ! $1.455B | |||
| Open | High | Low | Value | Volume |
| $8.54 | $8.54 | $8.39 | $2.625M | 309.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1311 | $8.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.44 | 2193 | 23 |
View Market Depth
| Last trade - 13.04pm 25/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |