shaw stockbroking comments

http://www.egoli.com.au/egoli/egoliWarrantsPage.asp?PageID=%7B5869F0CB-A264-489E-B228-7A23FCB8A2A7%7D

Macquarie Bank

MBL’s latest preso highlights continued strong activity across virtually all divisions through to the end FY06.

Assets under management continue to grow, with seed assets showing particular strength. Divestment of these assets at some point this year could realise up to A$1.8bn and the recycling of this capital into new seed assets would assist future growth.
The MIG solution with regard to management fees should provide positive sentiment towards MBL as it keeps their fund model in tact for the time being at least. Remember that even with reduced management fees, MBL would still generate advisory fees from any new MIG acquisitions.

We reckon the stars are aligning, and the catalysts not far off to see this stock drive north.