ken, this post shows a misunderstanding of how to value magellan. you anchor the valuation to FUM, but thats not how market works. it is forward looking. in 2018 and 2019 the flows were coming in, FUM was growing, performance and fees high. the outlook now has completely flipped on its head, and so you see the difference in valuation compared to FUM. instead of anchoring to magellans rosy history, maybe look at some other funds that have been in similar position and how they traded at the time. maybe then, the current predicament will not seem so 'bizarre'.
- Forums
- ASX - By Stock
- MFG Fair Value
ken, this post shows a misunderstanding of how to value...
-
- There are more pages in this discussion • 116 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MFG (ASX) to my watchlist
|
|||||
Last
$10.66 |
Change
-0.070(0.65%) |
Mkt cap ! $1.953B |
Open | High | Low | Value | Volume |
$10.74 | $10.86 | $10.58 | $3.274M | 305.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 705 | $10.66 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.67 | 352 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 461 | 10.670 |
9 | 1485 | 10.660 |
8 | 1192 | 10.650 |
11 | 2545 | 10.640 |
10 | 11320 | 10.630 |
Price($) | Vol. | No. |
---|---|---|
10.680 | 692 | 8 |
10.690 | 2418 | 21 |
10.700 | 1399 | 10 |
10.710 | 2094 | 12 |
10.720 | 2035 | 8 |
Last trade - 11.42am 19/08/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |