Yep. Agreed on every metric MFG seems screaming value. But here is the thing Ask yourself one question? What fundmanger would short another fundmanger ie someone in their very own industry..(like I said above who - else can borrow enough shares to short the stock..unless they are in "the industry"?..) if we are all geniuses and realise thru whatever value metric we throw at it ..it seems "good value"? I mean why or who would do that? Risk the reputation of getting it wrong?..let alone losing money?..heck even the media finding out who you are?...(and the reputation of being a "dirty rat"?) Unless you "knew something"? I guess the old drive the price down to accumulate mantra might be a reason?.. but I have never bought that... particularly within an industry like this.. it would leak out and the price would go nuts.. Surely? I talked about idiots selling out at a 16% discount NAv to the MGF... but I am the idiot for not checking a couple months back shorts had gone 1 > 4%.. Just MO NA
MFG Price at posting:
$21.21 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)