Whilst earnings are obviously going to drop:
Based on those projected earnings, MFG trades at a very attractive forward PE multiple down here:
I've kept buying small parcels over the last couple of months along with PTM.
Data is from Bloomberg.
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Valuation still looks convincing
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Last
$9.99 |
Change
0.020(0.20%) |
Mkt cap ! $1.793B |
Open | High | Low | Value | Volume |
$10.00 | $10.11 | $9.95 | $1.083M | 108.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1716 | $9.99 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.00 | 668 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1700 | 9.990 |
10 | 1742 | 9.980 |
13 | 4813 | 9.970 |
11 | 2599 | 9.960 |
8 | 2130 | 9.950 |
Price($) | Vol. | No. |
---|---|---|
10.000 | 668 | 10 |
10.010 | 1837 | 11 |
10.020 | 2011 | 10 |
10.030 | 11225 | 9 |
10.040 | 3337 | 11 |
Last trade - 11.38am 03/10/2024 (20 minute delay) ? |
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MFG (ASX) Chart |