May your money RIP. I have no sympathy for anyone who punts on this one.
- Irreparable performance.
- Losing clients.
- Fee compression.
- No monopolistic/brand strength advantage whatsoever unlike the things Magellan actually invests in (Microsoft, LVMH etc.)
- An "investment bank" that invests in low-margin Mexican restaurants. For god sake. Lettuce and beans won't be paying your dividends.
This is not a company like Nike or Microsoft which have balance sheets and management teams with the foresight to reinvent themselves and target new markets. MFG was a one-trick pony and the pony just got shot by a crossbow between its eyes. Hamish was too slow to move, he should have started the journey of becoming a multi-manager like Pinnacle or BlackRock is a very long time ago.
- Forums
- ASX - By Stock
- MFG
- MFG Fair Value
MFG Fair Value, page-25
-
-
- There are more pages in this discussion • 202 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
$9.31 |
Change
0.210(2.31%) |
Mkt cap ! $1.682B |
Open | High | Low | Value | Volume |
$9.31 | $9.41 | $9.23 | $4.492M | 481.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1861 | $9.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$9.33 | 741 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1861 | 9.300 |
1 | 1624 | 9.290 |
2 | 5122 | 9.280 |
3 | 8690 | 9.260 |
1 | 1624 | 9.250 |
Price($) | Vol. | No. |
---|---|---|
9.330 | 741 | 1 |
9.360 | 1624 | 1 |
9.370 | 6983 | 4 |
9.390 | 4490 | 3 |
9.400 | 2124 | 2 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
MFG (ASX) Chart |