Hi @pastperformerGreat to see you back!How did you go after...

First 84 Last

Share
Profile

Follow
lost

3,156 Posts.

1323

08/12/21

11:42

Post #: 58155006
Share

Originally posted by pastperformer: ↑

His numbers are indeed very wrong.

He has me muted, I've had this debate with him before. He still doesn't seem to understand the difference between flows and Fum growth.

The most obvious error is his currency conversion.

1. He assumes all Magellan funds are unhedged, they aren't, in fact a lot of the portfolio is hedged. I don't have the exact %, but nobody does.
2. He has assumed the portfolio based on previous portfolio update percentages. These numbers are very old, and we have no way of knowing exactly what % is in each stock, what was bought what was sold, what is hedged and what isn't.

If half the portfolio was indeed hedged, his numbers are 50% wrong. If there was any rotation in the portfolio, his numbers could be 100% off.

The only way to know is to get the actual Flow numbers from magellan, which they aren't providing.

Expand

Hi @pastperformer

Great to see you back!
How did you go after recommending Magellan at $50+?

Great also to see you haven’t provided your own figures again. Would love to see you put some effort in to qualify what you are saying.

Best of Luck
Lost

MFG Price at posting: $29.94 Sentiment: None Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

AFP

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

I88

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

EMC

Everest Metals dips as company clocks low gold grades at Taipan, WA

HZN

Crickets as Horizon Oil unveils new project picked up in Thailand

PSC

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

First 84 Last

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 $10.42		Change -0.270(2.53%)		Mkt cap ! $1.785B

Open	High	Low	Value	Volume
$10.50	$10.50	$10.34	$1.153M	110.8K

Buyers (Bids)

No.	Vol.	Price($)
10	1124	$10.41

Sellers (Offers)

Price($)	Vol.	No.
$10.42	2214	26

View Market Depth

No.	Vol.	Price($)
6	1045	10.410
22	2504	10.400
13	2467	10.390
12	4600	10.380
13	2779	10.370

Price($)	Vol.	No.
10.420	1824	20
10.430	3906	23
10.440	4212	18
10.450	2881	14
10.460	2070	13

Last trade - 11.41am 01/08/2025 (20 minute delay)

MFG (ASX) Chart

Hi @pastperformerGreat to see you back!How did you go after...

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Everest Metals dips as company clocks low gold grades at Taipan, WA

Crickets as Horizon Oil unveils new project picked up in Thailand

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Hi @pastperformerGreat to see you back!How did you go after...

Top Stories

AFT Pharmaceuticals outlines shareholder value focus in 2025 AGM

Infini Resources appoints Rohan Bone as CEO ahead of Phase 2 campaign

Everest Metals dips as company clocks low gold grades at Taipan, WA

Crickets as Horizon Oil unveils new project picked up in Thailand

Prospect Resources: Replicating the success of Arcadia with ~1b tonne copper ore target

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News