MFG magellan financial group limited

I would only invest at a 15x P/E ratio if the global interest...

  1. 198 Posts.
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    I would only invest at a 15x P/E ratio if the global interest rates are much higher than they are today, ~3-5% to support your valuation. Hamish has been known to be a value investor, and I believe that in this late leg of the economic cycle will lead to poorer returns and increasing volatility in markets. MFG would be a good place to park money on a DRP and continue accumulating.
 
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(20min delay)
Last
$8.47
Change
-0.030(0.35%)
Mkt cap ! $1.465B
Open High Low Value Volume
$8.54 $8.54 $8.40 $606.7K 71.60K

Buyers (Bids)

No. Vol. Price($)
7 956 $8.46
 

Sellers (Offers)

Price($) Vol. No.
$8.47 202 3
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Last trade - 10.25am 25/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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