MFG 0.51% $9.76 magellan financial group limited

Ann: Final Results for the year ended 30 June 2022, page-2

  1. 6,480 Posts.
    lightbulb Created with Sketch. 349
    Good results.
    They made approx. $4.2m for every billion UM, after tax... that's less than I thought.
    Now they have approx. $60B UM so next year's profit should be approx. $254m if the FUM stays where it is.

    When there's a discussion about MFG people say no not yet, there are better stocks out there.

    Your thoughts?
 
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