I have said what I have said.
That MFG has exceeded its objective is a bonus.
When markets fall 2 or 3 years in a row, as they did in 209 - 2012, you can come back to me with your BS argument. I will have been sheltered from the fall, and the 9% objective will remain intact.
Have been in this business way too long to fall for late cycle bull market optimism.
I saw 1982 destroy investors, 1987-91, 2000-2003 and 2009-2012. After the first 2 , I became a hunter not the hunted with the cash to buy when others were in fear. Without any gloating, my personal 9%+ with a minimum of stress has served me well and I have slept well too, with plenty of dry powder, ready for the next battle with fate.
I'll happily pick through a few tears in a year or two, buying some oversold stocks, along with PTM and MFG. Maybe some of them will be your relative return one's.
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Last
$10.73 |
Change
0.290(2.78%) |
Mkt cap ! $1.939B |
Open | High | Low | Value | Volume |
$10.53 | $10.96 | $10.51 | $17.49M | 1.633M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | $10.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.73 | 1667 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2000 | 10.710 |
4 | 10219 | 10.700 |
1 | 4000 | 10.690 |
1 | 48 | 10.680 |
1 | 2500 | 10.640 |
Price($) | Vol. | No. |
---|---|---|
10.730 | 1667 | 1 |
10.800 | 1000 | 1 |
10.810 | 1100 | 1 |
10.900 | 15700 | 1 |
10.940 | 196 | 1 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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MFG (ASX) Chart |