MFG magellan financial group limited
Add to My Watchlist 0.61% ! $9.91

Ann: Funds Under Management - August 2022, page-76

  1. Jack1960
    1,828 Posts.
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    21/09/22
    07:05
    Post #: 63804918
    You are comparing apples and oranges.

    The current PPT play for Pendal with a huge $110bn FUM and mediocre EBITDA pretty much explains a loss of focus in pursuit of growing FUM.

    PPT share price decline of 20% in a month fairly well expresses the market view of a poor transaction.

    Contrast that with MFG disposal of gyg and razor focus on portfolio management and you may spot the difference.

    GLTASH
    MFG Price at posting: $12.13 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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