MFG 3.12% $9.94 magellan financial group limited

Ann: St James's Place Mandate, page-249

  1. 1,113 Posts.
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    PE looks cheap as they amortise content over a longer timeframe than economic reality. consider the 4 year amortisation compared to what looks like 4 months for Sqid game. earnings would be much lower, and its all dependant on accounting assumptions. content doesnt generate revenue for as many years as they think.
    https://hotcopper.com.au/data/attachments/4019/4019888-66140a4e63023f7093507a8ee59f505b.jpg
 
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