MFG magellan financial group limited
Add to My Watchlist 0.82% ! $8.56

Magellan-MFG

  1. Chella
    973 Posts.
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    04/02/21
    11:04
    Post #: 50699483
    Shares have gone down for last 2 mths. It was due to high valuation PE around 26 around December. Now pe 17. Entire portfolio in the FUM doing extremely well for last 2 weeks, specially US tech after having a dip during this two months. Performance fee has dropped, it is still expecting EPS of 2.80 for 2022 FY. Div yield will be over 5%. Investors get carried away with investment bankers valuations as they have downgraded MFG. Ii has solid portfolio of US companies and A$ will be receding with lower iron ore prices over next 2 years, MFG has plenty of potential to climb back to 57 to 60 level
    MFG Price at posting: $47.41 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
$8.56 		Change
0.070(0.82%) 		Mkt cap ! $1.472B
Open High Low Value Volume
$8.50 $8.65 $8.38 $6.275M 734.1K

Buyers (Bids)

No. Vol. Price($)
1 131 $8.56
 

Sellers (Offers)

Price($) Vol. No.
$8.58 30 1
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Last trade - 16.10pm 30/06/2025 (20 minute delay) ?
MFG (ASX) Chart
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