No worries @CourtShort
I am interested in the underlying business of MFG, why MFG has a higher PE Ratio valuation compared to PTM, particularly when both Investment Styles are aligned, to protect the downside and the underlying Fund Management businesses are losing investment money (MFG by not as much, MFG -0.5 FUM versus PTM -3.5 last quarter).
Over the last few days, MFG share price has increased along with the US markets but it is clear it is better to invest money with other fund managers by a large factor from a return perspective.
How will MFG return to growth of the past if its Investment Strategy underperforms its competitors two years in a row? As a business is MFG at risk of losing customers? How sticky are current investors in MFG group of funds?
Best of Luck
Lost
No worries @CourtShortI am interested in the underlying business...
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Last
$9.98 |
Change
-0.260(2.54%) |
Mkt cap ! $1.784B | |||
| Open | High | Low | Value | Volume |
| $10.08 | $10.15 | $9.87 | $5.098M | 509.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1000 | $9.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.99 | 1753 | 1 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| MFG (ASX) Chart |