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.
Valuation still looks convincing
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$8.77 |
Change
0.025(0.29%) |
Mkt cap ! $1.579B | |||
| Open | High | Low | Value | Volume |
| $9.10 | $9.27 | $8.62 | $7.376M | 831.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 2080 | $8.76 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.77 | 472 | 11 |
View Market Depth
| Last trade - 15.40pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$8.75 |
Change
0.025 ( 0.03 %) |
||||
| Open | High | Low | Volume | ||
| $9.11 | $9.23 | $8.62 | 121206 | ||
| Last updated 15.59pm 06/05/2024 ? | |||||
| MFG (ASX) Chart |