Without wasting more time with this looser, back on MFG performance itself , investors seems to like what they have seen.
Unfortunately people look at the top line number only. The top line number will get better as soon as the A$ gets back to normal range of 72 to 73 cents by at least 2 to 3 B in A$. This will take EPS to 2.80 range.
I don’t think market is going to give that 20 range PE for some time until the principal investments start firing. But at 17 PE it should take the SP back to A$45 to 50 range with the FY 2022 results in August 22 .
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MFG
magellan financial group limited
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0.71%
!
$8.44

Without wasting more time with this looser, back on MFG...
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Last
$8.44 |
Change
-0.060(0.71%) |
Mkt cap ! $1.455B |
Open | High | Low | Value | Volume |
$8.54 | $8.54 | $8.39 | $2.852M | 336.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 2626 | $8.44 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$8.45 | 1901 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
27 | 3491 | 8.430 |
11 | 2297 | 8.420 |
10 | 3066 | 8.410 |
9 | 2864 | 8.400 |
8 | 3732 | 8.390 |
Price($) | Vol. | No. |
---|---|---|
8.440 | 1160 | 9 |
8.450 | 3098 | 18 |
8.460 | 2442 | 14 |
8.470 | 5287 | 16 |
8.480 | 2616 | 7 |
Last trade - 13.43pm 25/06/2025 (20 minute delay) ? |
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MFG (ASX) Chart |