MFG 0.51% $9.90 magellan financial group limited

Hi @SaltyInvestor100% agree. Bringing the below over from the...

  1. 2,867 Posts.
    lightbulb Created with Sketch. 1157
    Hi @SaltyInvestor

    100% agree. Bringing the below over from the other thread. Below outlines:
    1. Current portfolio holdings performance
    2. What happens based on current EPS?
    3. What happens based on forecast EPS?

    A drop in share prices of September quarter portfolio holdings and a reversion to historical PE Ratios will mean a drop of between 23.22% and 29.73% (a massive hit to current shareholders). If this happens tomorrow, the share price drop % should be similar to losing the SJP investment mandate. While this won't be as much compared to other Fund Managers, can current Magellan shareholders afford a further 30% drop in the share price?

    Current Portfolio performance so far this year:
    https://hotcopper.com.au/data/attachments/3962/3962051-e644a903c4e35d45d694a04dc37598e3.jpg

    What happens based on current EPS? A drop of 29.73% or $19.304B in FUM for Global Equities only.
    https://hotcopper.com.au/data/attachments/3962/3962055-23f78826c5814ac9e5c8d0063c5ceea9.jpg

    What happens based on forecast EPS? A drop of 23.22% or $15.077B in FUM for Global Equities only.
    https://hotcopper.com.au/data/attachments/3962/3962092-bd05379bf01c64b0d7dfd5fd2adb38e5.jpg

    Best of Luck
    Lost
 
watchlist Created with Sketch. Add MFG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.