MFG 0.92% $9.85 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
(20min delay)
Last
$9.85
Change
0.090(0.92%)
Mkt cap ! $1.780B
Open High Low Value Volume
$9.87 $9.93 $9.77 $2.846M 288.9K

Buyers (Bids)

No. Vol. Price($)
1 837 $9.84
 

Sellers (Offers)

Price($) Vol. No.
$9.88 1000 1
View Market Depth
Last trade - 16.10pm 29/07/2024 (20 minute delay) ?
MFG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.