MFG 0.70% $9.95 magellan financial group limited

Ann: Sale of shares in Guzman y Gomez, page-9

  1. 3,775 Posts.
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    1) recent fum report was abysmal - showed a true outflow of ~$7bn net of FX (funny how they dont split it!)
    2) All that investment for a mere $25m after tax gain from guzmans?!!
    3) Mkts continue to tank....esp asia
    4) they give holders options exercisable at $35!!! laughable...u may as well send them toilet paper

    Over $3.1bn mkt cap for <70bn FUM and falling....pdl, ppt >$1bn less mkt caps with twice the FUM and PPT have 1trillion in FUA on top of their FUM....

    cherry on cake - they send their clients amazon vouchers to provide feedback on how to improve their website!!

    wreaks of desperation....
 
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