MFG 1.61% $10.45 magellan financial group limited

Ann: Funds Under Management - March 2019, page-20

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  1. 146 Posts.
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    obviously there will be a correction at some stage, probably now, but I think it's stupid to suggest it was growth at $20-$25 and not now even though that stock price change is mostly reflected in their balance sheet upgrades since FY last year. It wasn't a growth stock before then because MFG had a couple of dry years compared to the indexes, but now that it's outperforming again it's priced more for growth
 
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