there will be no takeover , thats not going to happen , impossible, the sector just rolls heavy when negative but also when positive that is the nature of beast ,i believe the cycle will turn soon . i still love the barrenjoey story , they are daily in the fnr with constant news and upgrades , its at the point now we are just not only mfg we are far more, they offloaded the mex story but no way they were dumping barrenjoey . the company today at 10 bucks with what they have is far far better value then when at 70 and holdings more clients etc , mfg has not lost 90 percent of its business . only needs one ann that 10 plus billion comes back on board and momentum swings , avg in you cant loose on mfg from this point its just a time play now , forget accumulate and hold for a few years then collect and watch the thread change and posters disappear , the predictable is obvious.
MFG Price at posting:
$9.96 Sentiment: Buy Disclosure: Held
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