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?
MFG Price at posting:
$36.65 Sentiment: Buy Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)