MQG - Macquarie Group

[Redbeard]

Good question ntrader, also involves finger biting. For the MQR probably never. The amount I get in dividends cannot be matched by anything else. Based on my original investment the "return" is wonderful. Yes the shares have gone up but I am still getting a decent return on the current value.
If that situation changes then I would consider alternatives. One other scenario is if the shares go up so much that they become too big a percentage in the portfolio.
Which brings me to....
In the case of shares like Cochlear or Aristocrat, the share price keeps going up but the dividend returns are not matching the increases (FYI, COH never did). So in those cases its more a case of pick a target figure and take the money when its right to do so (ie Tax implications). They might go up and up more but with both of those there is such a large factor of "future" earnings which makes them very volatile. So they may gain 10% in three months but they can and have lost 15% in a week.
So , in answer , probably when its Tax effective is the main driver, ie low income for this year, want to get rid of CF losses or sell non performers at a loss.

 

[ntrader]

Good question ntrader, also involves finger biting. For the MQR probably never. The amount I get in dividends cannot be matched by anything else. Based on my original investment the "return" is wonderful. Yes the shares have gone up but I am still getting a decent return on the current value.
If that situation changes then I would consider alternatives. One other scenario is if the shares go up so much that they become too big a percentage in the portfolio.
Which brings me to....
In the case of shares like Cochlear or Aristocrat, the share price keeps going up but the dividend returns are not matching the increases (FYI, COH never did). So in those cases its more a case of pick a target figure and take the money when its right to do so (ie Tax implications). They might go up and up more but with both of those there is such a large factor of "future" earnings which makes them very volatile. So they may gain 10% in three months but they can and have lost 15% in a week.
So , in answer , probably when its Tax effective is the main driver, ie low income for this year, want to get rid of CF losses or sell non performers at a loss.

Yes good case in point, was thinking technically chart wise but for yourself that makes alot of sense

 

[notting]

MQG appoints a woman as new CEO. Nup.

 

[JTLP]

MQG appoints a woman as new CEO. Nup.

Ummm? Can you explain why it’s a nope? You’re entitled to free speech, but by all reports she’s performed exceptionally well in her current remit and is more than deserving.

 

[notting]

I know she 'sounds' great.
I just don't have a good feeling about it at all.
MQG have always needed to be remarkably innovative and ruthless.
I didn't like the look of the last CBA guy either,

CBA alwyas had the traditional statesman like guy. My instinct just said, 'mistake' It didn't go that well for them either.

This one for MQG just Nup!

 

[Redbeard]

MQG appoints a woman as new CEO. Nup.

Is She Scottish? in which case it would be ok

 

[kid hustlr]

MQG starting to look enticing here. The big 4 got a big lift today on the back of the Westpac interest rate announcement which dragged the sector as a whole up.

MQG now poised to break and continue what has been an incredible run.

 

[sptrawler]

Jeez another missed opportunity, I remember a couple of mates at work who had bought them, stressing when they went to $15.
That must have been about 7 or 8 years ago, it just shows there is always opportunity, where there is risk.

 

[peter2]

Hey Kid, have you been reading my order book? I'm preparing to trade the BO and I've placed a few buy orders in the market hoping to buy MQG slightly cheaper. I'm using an iSL of 119.

 

[kid hustlr]

Hey Kid, have you been reading my order book? I'm preparing to trade the BO and I've placed a few buy orders in the market hoping to buy MQG slightly cheaper. I'm using an iSL of 119.

I saw you mentioned MQG the other day, I've actually had it on my watch list for a few weeks now. I don't love trading big cap stocks + the whole banking sector thing worries me a little however on the flip side it appears a good set up on paper and it has been an industry leader (reconsigning it plays a slightly different game to the big 4).

I much prefer playing the big caps as reversals/pull backs (dips in weekly trends) so we'll see how this goes

 

[peter2]

Like most of the market MQG dipped in the Sept - Dec18 selloff. Now it's back near yearly highs.

 

[Dona Ferentes]

Taking on the big 4:

Macquarie's mortgage portfolio of $48.6 billion was 11 per cent higher at the end of December compared to the previous quarter. The home loan book has grown by $14 billion over the past 18 months as mortgage brokers - who send Macquarie more than 90 per cent of its home loans - report approval times at least twice as fast as the industry average.

Application volumes of $10.5 billion in the December quarter compare with $4.5 billion for the same quarter two years ago, helping to lift Macquarie's total market share of all mortgages to about 2.5 per cent.

But this is set to climb given it is now writing 7 per cent of all new home loans, and around 11 per cent of loans arranged by brokers.

.
and during the GFC, how good was that? Not.

 

[InsvestoBoy]

Did anyone notice MQG today getting smashed down -12.8% today when the rest of the market and especially other financials were down way less than that?

I saw this in the news the other day:
https://www.reuters.com/article/us-...f-crude-trading-departs-sources-idUSKBN20Z3N9

March 12

NEW YORK (Reuters) - The global head of crude trading at Australia’s top investment bank Macquarie Group has left the firm, three sources familiar with the matter said.

So just a few days after the oil price crashes massively, the head of oil trading at Macquarie quits?

Then today, as the oil price trades down below those crash lows, MQG is getting hammered way more than the broad market.

I wonder if the market is sniffing out something about a trade that's going really badly against them? Enough for the head of oil trading to resign?

 

[sptrawler]

Did anyone notice MQG today getting smashed down -12.8% today when the rest of the market and especially other financials were down way less than that?

I saw this in the news the other day:
https://www.reuters.com/article/us-...f-crude-trading-departs-sources-idUSKBN20Z3N9

March 12

So just a few days after the oil price crashes massively, the head of oil trading at Macquarie quits?

Then today, as the oil price trades down below those crash lows, MQG is getting hammered way more than the broad market.

I wonder if the market is sniffing out something about a trade that's going really badly against them? Enough for the head of oil trading to resign?

$91 still way, way, way above the post GFC $15 level, obviously the market isn't as concerned this time around, well not yet.

 

[InsvestoBoy]

$91 still way, way, way above the post GFC $15 level, obviously the market isn't as concerned this time around, well not yet.

I'm not suggesting GFC concern, just that the market might be sniffing some energy trade that went bad. Probably not enough to end the bank or whatever, but a bigger than expected hit?

MQG is a completely different entity from during the GFC, their business model is completely different now. I doubt they would see the same 80% drop they saw again.

 

[JTLP]

I'm not suggesting GFC concern, just that the market might be sniffing some energy trade that went bad. Probably not enough to end the bank or whatever, but a bigger than expected hit?

MQG is a completely different entity from during the GFC, their business model is completely different now. I doubt they would see the same 80% drop they saw again.

Yes. It would appear a little too serendipitous that the oil man leaves and the oil price crashes. Doesn’t take too many bad trades to get you dumped from the millionaires factory...

 

[InsvestoBoy]

Another day where some banks are down a little or even up, e.g. CBA -0.94%, BOQ +4.044% ...

MQG is trading down -12.88% as of writing!

Another day of oil market crash...

Doesn't seem like a coincidence...

 

[Chronos-Plutus]

The Old Factory; I was invited at one time.

So much talent; so much let go. Used to have geniuses there.

Maybe time for a short position on the old MAC?!

Where is your Quant team, haha, scared:

A position of percentage that we can work out? Haha.

 

[Chronos-Plutus]

The Old Factory; I was invited at one time.

So much talent; so much let go. Used to have geniuses there.

Maybe time for a short position on the old MAC?!

Where is your Quant team, haha, scared:

A position of percentage that we can work out? Haha.
View attachment 112391

Quants are cooked at MAC.

Let's see how close I get!

I say I get within 30% of the electoral college vote mapped at a 2 to 1 bet?

Makes it fair!

I think I will take the best bet at 2 to 1 to say that Silver will move above USD$30.00 within 1 year.

Your shareholders should be informed; HAHA; if we arrange such a bet.

 

[Chronos-Plutus]

I am just mucking around with the bets: but I reckon I am better than all your MAC QUANTS with picking States: