it’s crazy how Hamish positioned this fund for inflation an USSR/Ukrainian conflict yet the market is dumping MFG? I think the Australian investors are sometimes just full blown retards when it comes to the share market. A little conflict in a country on the other side of the world, a rise in inflation and interest rates, means time to shit the bed and sell everything.
Most stocks are going to be worth less than their dividend soon, stupid Australians would rather pay $10m for a 3 bedroom crapper and get 0.09% rental yield than taking on a high quality business offering 7%+ yields with significant upside.
Asx a proven it still returns decent gains during periods of higher interest rates & inflation. It’s nothing foreign
Ann: St James's Place Mandate, page-251
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.41 |
Change
0.065(0.70%) |
Mkt cap ! $1.691B | |||
| Open | High | Low | Value | Volume |
| $9.24 | $9.41 | $9.23 | $914.6K | 97.91K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 3893 | $9.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.41 | 1445 | 15 |
View Market Depth
| Last trade - 11.17am 10/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |