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)
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Last
$8.56 |
Change
0.110(1.30%) |
Mkt cap ! $1.547B | |||
| Open | High | Low | Value | Volume |
| $8.46 | $8.57 | $8.45 | $4.295M | 504.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1352 | $8.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.57 | 2765 | 3 |
View Market Depth
| Last trade - 16.10pm 07/06/2024 (20 minute delay) ? |
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Last
$8.57 |
Change
0.110 ( 1.42 %) |
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| Open | High | Low | Volume | ||
| $8.47 | $8.57 | $8.45 | 165769 | ||
| Last updated 15.59pm 07/06/2024 ? | |||||
| MFG (ASX) Chart |