MFG 1.27% $9.56 magellan financial group limited

Ann: Funds Under Management - December 2021, page-96

  1. 12,521 Posts.
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    @Exised
    G’day. I bought back into MFG just prior to New Year at $21.50

    A small stockbroker based in Sydney that I really respect has done a deep dive on MFG and believes MFG is way oversold.

    In the model I use I dropped EPS by 50% and still ended up with a return 50% above my RRR target.

    I have been in and out of MFG a few times and each time it has been very rewarding and the current opportunity is the best yet.

    Cheers….D
    Last edited by daicosisgod: 14/01/22
 
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