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
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Last
$8.70 |
Change
0.135(1.58%) |
Mkt cap ! $1.490B | |||
| Open | High | Low | Value | Volume |
| $8.63 | $8.83 | $8.61 | $2.334M | 268.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1357 | $8.69 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.70 | 417 | 6 |
View Market Depth
| Last trade - 12.38pm 01/07/2025 (20 minute delay) ? |
| MFG (ASX) Chart |