MFG magellan financial group limited

Nice analysis Lost. Have to say that to constantly grow FUM at...

  1. 1,459 Posts.
    lightbulb Created with Sketch. 542
    Nice analysis Lost.

    Have to say that to constantly grow FUM at an ever increasing rate is incredibly challenging once you get to these levels. When you're dealing with $100Bn, it's a lot more difficult to get an 18.2% growth rate, as opposed to 18.2% on say $500M.

    BUT, whilst your conviction is to Sell, I would suggest you consider what MFG have in store for announcements. Their eagerly awaited Retirement Product will be very interesting indeed and i think provide a substantial increase in FUM.

    Today's dip in SP on a such a positive note provides LTH with a chance to make some nice returns.

    https://hotcopper.com.au/data/attachments/2450/2450203-585b8d4bdf502d7ddc73fd4d2a6c1b96.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$10.43
Change
-0.040(0.38%)
Mkt cap ! $1.793B
Open High Low Value Volume
$10.39 $10.47 $10.30 $6.392M 615.3K

Buyers (Bids)

No. Vol. Price($)
1 96 $10.40
 

Sellers (Offers)

Price($) Vol. No.
$10.43 22131 1
View Market Depth
Last trade - 16.15pm 25/07/2025 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.