I keep an eye on shorts and as @oceansailor says can’t understand the value and risk at these prices to shorten.
As far I am concerned, all the issues and poor sentiments arises from under performance by big % vs indexes during Covid period. Fix this all other things will drop into place.
Now there is clear reporting of MFG doing better or equal to those indexes it was compared before.This should stop withdrawal. At the moment January monthly number is positive for MFG and at end of February 2022 qtr figures also will show positive numbers, if it remains same for MFG and indexes portfolio.
Regarding dividend is concerned, MFG stated distribution of 85 to 90% will be on EPS of around $2 per year from 2023 FY onwards.FY eps will be around $2.30 as 1st half was not impacted by SJP.
Even today FUM is between 93B to 95B after last night movements.
I am also hoping all corporate affairs are slowly settling itself up without any major hiccup.
MFG in the BUY zone, page-1069
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Last
$10.49 |
Change
0.210(2.04%) |
Mkt cap ! $1.875B | |||
| Open | High | Low | Value | Volume |
| $10.29 | $10.57 | $10.25 | $4.999M | 477.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 373 | $10.43 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $10.49 | 1845 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MFG (ASX) Chart |