MFG 0.70% $9.95 magellan financial group limited

Ann: Funds Under Management - December 2021, page-43

  1. 1,430 Posts.
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    The value looks compelling at these levels. Shorters have had a field day on the back of a run of negative (and at times dirty) news. Compare the state of the company now to where it was five years ago when it was trading in the mid-20s and hardly moved on these results.
    https://hotcopper.com.au/data/attachments/3957/3957461-f4fd3207f6b7167a82e2b29c6f5ff2e5.jpg


    Fundamentals have not changed, the only material matter is the departure of the biggest client.
 
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