Australian (ASX) Stock Market Forum

MQG - Macquarie Group

why are there so many hatters out there for mqg?
i remember when it was at 18bucks and every1 was saying its going to go bellow a buck, those of us who got in at 15-20 are enjoying our profit now,

Probably people that don't hold shares in mqg. Jealousy possibly? Some of the newspaper columnist are over the top also.
 
Anyone know why this thread doesn't appear in the alphabetical listings in the i-p forum when sorted by thread name? Seems like MQG is missing in action (not between MPO and MRO, where I would expect to see it), which is a worry being a holder! A search finds it though...:confused:

Now as for the shares performance, I averaged down and kept the faith, so am happy with the bounce so far, if not yet making any real money. Should have been an active traider and stopped out, then got back in as it made a few higher highs. Note to self - it is TIMING, not just TIME IN.
 
Anyone know why this thread doesn't appear in the alphabetical listings in the i-p forum when sorted by thread name?

You probably searched posts in the last month. There were no posts on MQG in the last month.................
 
Got hammered again today. No news that I could see that warranted a reversal. If anything their application of the cash pool in acquisitions would indicate prospects for future earnings from wealth management??????????
 
Signs of a new life emerging perhaps, nice close with an increase in volume today ??

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It has been suggested in the press that the changes Barak Obama wants to inflict on the US Banks may force some of them to relocate off-shore. Will this make MQG a take over target?
 
It has been suggested in the press that the changes Barak Obama wants to inflict on the US Banks may force some of them to relocate off-shore. Will this make MQG a take over target?

I'd be surprised if MQG becomes a takeover target.

The assets of MQG are the people. And the typical loyalty of these deal makers and shakers are close to non-existent. There is no stopping an executive director taking his team of 8 to a rival the day after the takeover, and after they cash in on their options thanks to the change of control clause.
 
Any thoughts technically on MQG?

They have been plummeting 2 of the last 3 trading days around 6% down each day, with a report from Mac today stating that they have lost 18 Million in Assets Under Management due to MAP, profit forecast of $1 billion for the year.

The movement today drops around 1 billion from the Market Cap!

I note that there is good support shown at $45 with a double bottom in place from November, December.

A double top recently at $53, so where to from here?

Big Charts MQG Chart Here

I disclose I am short with a few $45 put warrants Feb 25 Exp which I bought when price was $52.
 
I closed half the position today and I am free carried with the rest, hoping for some bad news from the jobs report but wasn't to be.

My hope for a good fall could be government debt related, waiting patiently!
 
It has been suggested in the press that the changes Barak Obama wants to inflict on the US Banks may force some of them to relocate off-shore. Will this make MQG a take over target?

MQG got nothing special, they was in a unique position before the GFC with

their satellite funds, now all that is gone all they have now is just an investment bank stuff

and pretty new to the game in term of their history and place in the world....they still have a lot to catch up to the like of Goldman Sach
 
It seems that Obamma may be more conciliatory to the US investment banks and their need to move offshore to escape his initial draconian changes may be passing.
I doubt that any corporation would be interested in mounting a take over of mqg, given the complexity of their structure and the allegedly unfathomable means by which they determine their net worth.
Non the less, the appear to generate huge income stream and know how to make money. The impending sale of the management rights to mof and mcw a case in point expected to generate somewhere arround $500million.
$45.00 does look like a support line.
 
Am I the only one holding this stock??

pretty bad feeling and hold in loss....

Apprantly the last earning brief is not impressive...

:banghead:
 
Am I the only one holding this stock??

pretty bad feeling and hold in loss....

Apprantly the last earning brief is not impressive...

:banghead:

Personally i'm hoping this stock takes another beating or rallys hard, don't like where it's sitting at the moment.

Kevien,

MQG has had a history of volatility, this one certainly needs stops in place or cheap put option hedges.
 
MQG will probably always be a volatile stock. Perhaps not one to hold if you get nervous during the dips.
 
I dont hold, but i know of a little entity purchase which is most likely to occur within the next 18 months that is particularly suited to MQG (No gaurantees) DYOR. But I'm just waiting for a nice little dip, so that i can dig my hands in.
 
sorry, what is DYOR?

I am a newbie...

It seems the price action is still weak.

But all the major US banks are doing well recently.

50.5 seems to be a resistance this moment.
 
Thanks. Hopefully I will pick up.

Financials got smashed....

Not so good for MQG, but MQG was appointed as the leading advisory for chinese bank, which should be positive news.
 
Am I the only one holding this stock??

pretty bad feeling and hold in loss....

Apprantly the last earning brief is not impressive...

:banghead:

I was fortunate to buy a few cents off the lowest point - hindsight should have purchased more.

At the time it was an amount that I was happy to lose and it paid off.

I like the stock and like the way the company is run and will continue to hold the small paid off parcel that I hold.
 
Hi Chilli Blue, atm I am, too, in red. I am convinced that MQG will surprise us all, maybe not now, or tomorrow, but I am holding for the next year. I hope I am right. Four analysts (Morgan, City, etc.) are having a target price around $56-59. So hold tight if you have the confidence. I remember a few years ago there were some people who had been "predicting" the SP value to be down to $1, and than to $8. I think that they had some hidden agenda, something like sour grapes.
 
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