Hi lost all rough back of the envelope calculations. Dividends are FY not CY, so technically wrong given that 1h dividend was paid a few months ago.
Basically for me I use a scatter gun approach to buy shares that I think are trading under fair value.
I use 5 position rule (which gives me a 5% portfolio allocation), and a rule that no individual position can be greater than 10% of the portfolio. I do often buy half positions as well, especially during volatile share price movements.
At the moment I have 2 positions filled (ie 40% of my targeted 5% allocation).
So plenty of room to slowly dollar average downwards from here.
The underlying MFG business is a quality business, and I believe in the investment philosophy that MFG follows. So I am prepared to go to 5% of the portfolio if the price is right.
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Last
$8.12 |
Change
-0.290(3.45%) |
Mkt cap ! $1.401B | |||
| Open | High | Low | Value | Volume |
| $8.33 | $8.55 | $7.98 | $8.872M | 1.090M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 1696 | $8.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.13 | 2209 | 15 |
View Market Depth
| Last trade - 13.47pm 23/06/2025 (20 minute delay) ? |
| MFG (ASX) Chart |