I'm not phased in the slightest. This is typical Macquarie Group in recent years. Talk down expectations, over deliver on the numbers when they report. Probably fairly valued is right, but I don't see it coming under much pressure. The Banks are on similar multiples and they don't have the exposure or the expertise when it comes to overseas capital markets. I like that MQG now has more of it's earnings coming from the US than in Australia. With Mac getting more than it's share of the M&A pile and if volatility does return they are ideally placed in their capital and commodities markets business. Still great Beta if the ASX gets to 6000 as I believe Charlie Aitken's FOMO M&A activity is yet to begin here..
I'm not phased in the slightest. This is typical Macquarie Group...
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Last
$229.51 |
Change
-0.260(0.11%) |
Mkt cap ! $87.47B | |||
| Open | High | Low | Value | Volume |
| $230.60 | $232.30 | $228.88 | $94.58M | 411.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 342 | $229.29 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $229.60 | 100 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MQG (ASX) Chart |