MQG 1.00% $213.35 macquarie group limited

Less than $20 to go and Afterpay holders can downgrade directly...

  1. 4,178 Posts.
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    Less than $20 to go and Afterpay holders can downgrade directly to MQG on a 1:1 basis ... I'm still struggling to see value in MQG given that it isn't growing based on the last report and it's credit provisions are going up. Hard to see how MQG is defying gravity as it shrinks badly. It can only reflect how many value zombies there are in Australia who can't overcome legacy / anchor bias and think it's the same high growth company it was 5 years ago. I wonder if it will achieve growth above it's PE anytime soon...
    https://hotcopper.com.au/data/attachments/2766/2766544-929560f62054c3300744e467f0db5654.jpg
    Last edited by polarbear666: 29/12/20
 
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