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$9.85 magellan financial group limited

Do you have a link to the recent AFR article? I'm...

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Vargulf

19 Posts.

5

11/01/22

01:28

Post #: 58764881
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Originally posted by oilman01: ↑

One clear thing is the sell down is far ahead of what MFG is having by the end of December by any measurements: FUM, FUM performance, expected earning and expected Feb div. The current share price is at or below 2018 level where FUM is far less. The market is skewed by large amount of easy money or cheap money and higher risk taking by either the easy money or behaviour of younger investors. MFG is about to deliver the largest contribution to the fund. It may not grow as much as the market but it does reflect the risk profile. MFG is not the only one fund managers out there got sold off. The recent AFR article explain well of the situation. The next few month or 2022 year will show us if MFG strategy is working and hence its share price. GLA.

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Do you have a link to the recent AFR article?

I'm interested in the outlook for active funds vs ETFs, particularly with younger investors.

MFG Price at posting: $20.59 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $9.85		Change 0.090(0.92%)		Mkt cap ! $1.780B

Open	High	Low	Value	Volume
$9.87	$9.93	$9.77	$2.846M	288.9K

Buyers (Bids)

No.	Vol.	Price($)
1	837	$9.84

Sellers (Offers)

Price($)	Vol.	No.
$9.88	1000	1

View Market Depth

No.	Vol.	Price($)
1	837	9.840
5	6161	9.820
2	4462	9.810
2	5177	9.800
2	3146	9.790

Price($)	Vol.	No.
9.880	1000	1
9.890	2669	4
9.900	1329	2
9.910	2427	2
9.920	1177	1

Last trade - 16.10pm 29/07/2024 (20 minute delay)

MFG (ASX) Chart