MFG 1.64% $8.42 magellan financial group limited

Valuation still looks convincing, page-50

  1. 725 Posts.
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    I have a tiny holding left. I have now moved my sentiment to hold, I think we are starting to see value here. The NAV backs about 60% of the value so what is left is the Funds management business. ( see discussions on this but I would see someone paying about 10-11 p/e for this) I would not load the truck up but I would look to start averaging in.
 
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Last
$8.42
Change
-0.140(1.64%)
Mkt cap ! $1.521B
Open High Low Value Volume
$8.52 $8.53 $8.34 $4.998M 594.0K

Buyers (Bids)

No. Vol. Price($)
2 2816 $8.41
 

Sellers (Offers)

Price($) Vol. No.
$8.43 162 1
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Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
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