lol...
I had some doubts about the impact of this subprime on MBL and the high levels of debt on some of the infrastructure funds.
I have since done a bit of research and realise that Macbank that it is not a problem.
Property trusts have less than 40% in most cases
Some infrastructure funds have got massive debt but 90% of this is long term. No fund has to refinance till 2010. MCG doesn't have to refinance until 2014 - seven years down the track.
Analyst would be well aware of the situation and many cover the stock. Practically everyone has a buy on the funds and everyone has a buy on MQG. Average target price amongst all analysts is about 40% above todays price.
Anyway I have since added to my original hold and will probably add more.
A jewel in the crown as far as I can see, up there with WOW, WDC, WES, BHP and the banks.
lol...I had some doubts about the impact of this subprime on MBL...
Add MQG (ASX) to my watchlist
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Last
$202.88 |
Change
-0.150(0.07%) |
Mkt cap ! $77.50B | |||
| Open | High | Low | Value | Volume |
| $204.38 | $204.38 | $202.71 | $81.57M | 401.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1447 | $202.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $203.02 | 1718 | 2 |
View Market Depth
| Last trade - 16.10pm 11/07/2024 (20 minute delay) ? |
| MQG (ASX) Chart |