Australia's largest stock trading and investment forum Australia's #1 stock forum

MFG

Click for more information

0.58%

$8.61 magellan financial group limited

MAM has $60 million skin in their game. thats why it's...

First 41 Last

Share
Profile

Follow
silence

7,457 Posts.

209

13/02/22

18:14

Post #: 59540576
Share

Originally posted by noomxx: ↑

The only problem with GQG in my opinion, is that whilst GQG FUM has held, the whole market has de-rated the PE its prepared to pay for funds managers. GQG listed at a PE of 16.5 to 18 from memory at a share price of $2.

I don't think the market will be paying this sought of PE multiple for a while.

Maybe GQG share price will hold, and maybe it wont,.
Also note that GQG dividends will NOT be franked. Which reduces the value of those dividends for Australian investors.

Now compare that PE multiple against future earnings expectations for the value players including MFG.

Disclosure:
I am long MFG, PDL, PTM, not ready to strike yet on GQG.

Expand

MAM has $60 million skin in their game. thats why it's rocketing

MFG Price at posting: $18.11 Sentiment: Buy Disclosure: Held
Upvote

0 Great analysis

Reply

There are more pages in this discussion • 13 more messages in this thread...

First 41 Last

Add MFG (ASX) to my watchlist

(20min delay)
Last $8.61		Change 0.050(0.58%)		Mkt cap ! $1.559B

Open	High	Low	Value	Volume
$8.56	$8.69	$8.55	$2.395M	278.2K

Buyers (Bids)

No.	Vol.	Price($)
36	3530	$8.60

Sellers (Offers)

Price($)	Vol.	No.
$8.61	2869	13

View Market Depth

No.	Vol.	Price($)
31	2077	8.600
26	5356	8.590
16	6912	8.580
15	12668	8.570
13	5961	8.560

Price($)	Vol.	No.
8.610	3555	15
8.620	2897	10
8.630	5884	11
8.640	11437	9
8.650	4429	6

Last trade - 15.40pm 14/05/2024 (20 minute delay)


Last $8.60			Change 0.050 ( 0.49 %)
Open	High		Low	Volume
$8.60	$8.69		$8.56	56417
Last updated 15.59pm 14/05/2024 ?

MFG (ASX) Chart