MFG 3.12% $9.94 magellan financial group limited

Ann: Funds Under Management - December 2021, page-147

  1. 2,871 Posts.
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    Hi @Chella

    That isn’t correct, maybe re-read the collection of posts. I did state that other Fund Managers would be impacted. I always quote sources, unlike your posts. If I don’t, feel free to ask me to do so.

    Have also been posting on Magellan for more than a few months.

    The point of the post was to show that Magellan’s downside protection isn’t true and is a marketing statement. It is a worst case scenario based on reversion to the mean PE Ratios. It was also based on forecast EPS, 23% best case and 29% worst case (Current EPS). Remember, I added the forecast EPS as you said investors look at future EPS.

    Being hopeful isn’t an investment strategy, it is a sure way to donate money to other market participants.

    Best of Luck
    Lost
    Last edited by lost: Updates 19/01/22
 
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