MFG 1.87% $8.71 magellan financial group limited

MFG in the BUY zone, page-7

  1. 2,213 Posts.
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    Makes no bloody sense to me so I jumped in again and will continue to buy on any downhill plummets.

    As far as I am concerned FUA is now $117,955m and the pcp was $100,891m so I guess if this continues their earnings should be much better.

    Barrenjoy had a nasty effect on the p&l this year but at least they are growing the business and as stated it is developing ahead of expectations. This should be a good addition in the years to come.

    The finclear investment should also provide some momentum for the forthcoming year and if they list then there could be even better return


    DYOR
 
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