MFG magellan financial group limited
Add to My Watchlist 0.82% ! $8.56

FUM comp ... who'll get nearest to the pin?, page-28

  1. kennethgalbraith
    14,217 Posts.
    lightbulb Created with Sketch. 123
    clock Created with Sketch.
    07/01/22
    11:00
    Post #: 58700685

    congratulations to Lost for winning the comp
    he used Macquarie's figure of $96.97
    the actual figure that came in was $95.5bn
    at least the company told us honestly that SJP mandate made up 12% of revenue and we now know the actual value of the SJP
    and thanks fo Chella for finding out what the management fee was 37 basis points ie .0037%
    $715m x .12 = $85.8m
    $85.8/.0037 = $23.1bn
    the November figure was $116bn
    minus the SJP mandate $23bn and you come in at $93bn
    the price hasn't dropped a lot but it is early days
    so we can say that the market has factored in the lose of SJP mandate so far.
    MFG Price at posting: $20.11 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS 30,000m Diamond Drilling Commences at Napie Gold Project
right-arrow Created with Sketch.
ACW Actinogen Confirms 100th Participant in Alzheimer’s Disease Trial and Interim Analysis Timeline
right-arrow Created with Sketch.
NEWS Strong Rock Chip Assays Include 18.4g/t Au from Waitekauri
right-arrow Created with Sketch.
CLA Celsius Resources Commences FEED and Feasibility Study at MCB Project Site
right-arrow Created with Sketch.
NEWS Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back
right-arrow Created with Sketch.
NEWS High-Grade Scandium Assays Returned at Syerston from Drilling Campaign
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
$8.56 		Change
0.070(0.82%) 		Mkt cap ! $1.472B
Open High Low Value Volume
$8.50 $8.65 $8.38 $6.275M 734.1K

Buyers (Bids)

No. Vol. Price($)
1 131 $8.56
 

Sellers (Offers)

Price($) Vol. No.
$8.58 30 1
View Market Depth
Last trade - 16.10pm 30/06/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.