MFG 0.70% $9.95 magellan financial group limited

MFG in the BUY zone, page-497

  1. 860 Posts.
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    I think GS in their research said they like to see some ‘colour’ in MFG investments, specially Barrenjoey.
    Hopefully these guys will come around and upgrade MFG soon. I think they had A$40 M loss in their forecast of EPS for 2022. When this is reversed + sum, EPS should be 2.70 range. Unfortunately A$ Appreciation is impacting a bit, but it is long way to go to June 2022.
    But I can’t be worse than JPM. Surely? Can I?

 
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