MGP 0.00% 0.0¢ managed accounts holdings limited

 :Its a slight reduction in the lower band of the guidance...

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  1. 974 Posts.
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     :
    Its a slight reduction in the lower band of the guidance range, which given the severity of the equity market decline since August, has probably sowed some doubt in the board’s mind, although last year guidance was easily beaten, and I’d still expect them to come in at the upper end of the range so long as we get a Xmas rally. However its a big step up from 2018, and either the market has been sceptical, or there has been an overhang from the stock released from escrow. It looks like a new presentation and revised guidance is paving the way for an insto roadshow - rebranding must be nearly ready. With HUB24 shares recovering somewhat, MGP looks the standout value buy at this level. I’m fully invested in it, but any spare cash is still going into it or APT. 
 
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Currently unlisted public company.

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