Fair value has been anywhere from $18-$28 this year based on market sentiment, currency, and portfolio performance. It changes on a monthly basis. With a stock like this you're essentially paying for your trust in the quality of the management, and general macroeconomic trends. A typical cash flow valuation method is fairly useless in this case.If we got a rate cut I wouldn't be surprised if it hit $25-26 by the end of next month. The only thing significantly holding it back at the moment is the Aussie dollar, and as long as Microsoft and Apple come out with somewhat decent earnings I would still be quite confident in this stock.
Fair value has been anywhere from $18-$28 this year based on...
-
- There are more pages in this discussion • 24 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MFG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$11.39 |
Change
0.115(1.02%) |
Mkt cap ! $1.740B | |||
| Open | High | Low | Value | Volume |
| $11.19 | $11.45 | $11.18 | $2.892M | 254.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 1005 | $11.38 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.39 | 2487 | 16 |
View Market Depth
| Last trade - 12.39pm 04/12/2024 (20 minute delay) ? |
| MFG (ASX) Chart |
