MQG 0.24% $230.12 macquarie group limited

eps expected >= 2010, page-5

  1. 1,082 Posts.
    Oh dear, I hope you didn't buy the stock for the franking credit!

    There aren't any and won't be for a very long time.

    It will be very interesting to see how low this stock goes in the coming months. At some stage, you would have to think Nicko steps down and someone external comes in and gets rid of the excess fat - not a hard exercise.

    That's the point when this stock becomes a great proposition IMO, i.e. when it becomes a boutique player again and concentrates on its strengths in Asia - bad move taking a gamble on the US. I am sure Nicko would love to wind the clock back 2.5 years and change that decision!
 
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