MQG - Macquarie Group

[pacer]

Re: MBL - Macquarie Bank

FINALY LOOKED BACK ON IT...DAMN!

MISSED THE RISE! BREAKIN ALL PREVIOUS HIGHS.....see my post on RIO today......never look back...there's other plays to make.....

The bulls are rushing.....expecting big gains from next week on then a massive fall a week or two before xmas....DYOR....lol

 

[mrWoodo]

Re: MBL - Macquarie Bank

Money Flow declining, share price still rising - I think this is going to be a big fall.

 

[swingstar]

Re: MBL - Macquarie Bank

Looks like you may be right mrWoodo. It's about time too--I've been bearish on MBL for weeks. Hopefully we'll see volume pick up today.

 

[Sean K]

Re: MBL - Macquarie Bank

I'm not sure how MBL will hold up during any economic weakness, like US recession, but it gets pretty well rated around the traps. In Lonsec's 'model portfolio', and the following brokers seem to think it's a goer:

JP Morgan rates the stock as Overweight
November 23 2006
The QAN deal adds substance to the rumours that MBL has a whole raft of "super-transactions" in the pipeline, that may even include TLS. the broker is not valuing any of this in, but notes there is upside yet. Target rises from $97.73 to $102.28.

Merrill Lynch rates the stock as Buy, Medium Risk
November 15 2006
As usual, MBL has delivered a result ahead of guidance, and also 8% ahead of the broker (12% ahead on revenue growth, which the broker sees as a highlight). The composition was good, although costs were up, and the broker sees increasing staff remuneration as an issue.

UBS rates the stock as Buy 2
November 15 2006
A solid but lumpy result, the broker suggests, although core trends confirm a trajectory of 20% growth. MBL is difficlt to value, says the broker, given its "private equity" component of business. However, target rises from $82.50 to $85.00.

ABN Amro rates the stock as Buy
November 15 2006
Target $84.00 (was $82.00). The company reported a profit of $638m, the result leading the broker to lift its full year forecast by 3% to $1,216m. It also notes the bank's plans to establish a non-operating holding company make sense as transactions will then not be subject to

Credit Suisse rates the stock as Outperform
November 15 2006
Target $88.00 (was $85.00). Headline profit of $730m was 6% above the broker's forecast thanks to the size of asset disposals in the period. The result has led the broker to lift its forecasts, with its profit estimates increasing in FY07 by 3.4% to $1,297m, in FY08 by 7.4% to

JP Morgan rates the stock as Overweight
November 15 2006
An above-consensus result has led the broker to increase earnings by 5.4% in FY07 although no later changes have been made as operational earnings will be met with a higher tax rate. On a "vanilla" investment bank basis, the broker has increased the target from $97.73 to $102.

SB Citigroup rates the stock as Buy , High Risk
November 15 2006
Target $90.00 (was $86.00). The broker notes profit was about 6% higher than it had anticipated, with most divisions contributing to the result. Following the result the broker has lifted its forecasts in FY07 by 3.7% to $1,343m, in FY08 by 6.1% to $1,479m and in and FY09 by 5

Deutsche Bank rates the stock as Buy
November 15 2006
A solid result ahead of the broker, with subdued guidance as usual that will likely be exceeded. The broker is not, however, pleased about the increase in the staff compensation ratio, although this will provide upside if it reverts once more. Target increased from $80 to $85.

GS JB Were rates the stock as Marketperform, L/T Hold
November 15 2006
Profit of $730m was above the broker's forecast, leading it to lift its forecasts for FY07 by 3.6% to 517.1c and in FY08 by the same percentage to 483.5c. Despite this the broker suggests the deteriorating quality of the earnings is likely to result in a P/E de-rating, though

Credit Suisse rates the stock as Outperform
November 13 2006
The broker is forecasting a profit result of $686m and a dividend of $1.01. It sees strong growth in revenues as likely but a weaker outcome in terms of equity accounting income, funds management performance fees and commodities trading. The broker's forecasts include a lik

Chart wise, was halted at the obvious all time high resistance and also some trend resistance, and now heading back to what should be pretty good support around $70-71. Will find more support at $65. We're due for a correction, so it could well possibly find it's way back there, supported by any US weakness. Santa rally still in train though so........

 

[spitrader1]

Re: MBL - Macquarie Bank

I'm not sure how MBL will hold up during any economic weakness, like US recession, but it gets pretty well rated around the traps. In Lonsec's 'model portfolio', and the following brokers seem to think it's a goer:

JP Morgan rates the stock as Overweight
November 23 2006
The QAN deal adds substance to the rumours that MBL has a whole raft of "super-transactions" in the pipeline, that may even include TLS. the broker is not valuing any of this in, but notes there is upside yet. Target rises from $97.73 to $102.28.

Merrill Lynch rates the stock as Buy, Medium Risk
November 15 2006
As usual, MBL has delivered a result ahead of guidance, and also 8% ahead of the broker (12% ahead on revenue growth, which the broker sees as a highlight). The composition was good, although costs were up, and the broker sees increasing staff remuneration as an issue.

UBS rates the stock as Buy 2
November 15 2006
A solid but lumpy result, the broker suggests, although core trends confirm a trajectory of 20% growth. MBL is difficlt to value, says the broker, given its "private equity" component of business. However, target rises from $82.50 to $85.00.

ABN Amro rates the stock as Buy
November 15 2006
Target $84.00 (was $82.00). The company reported a profit of $638m, the result leading the broker to lift its full year forecast by 3% to $1,216m. It also notes the bank's plans to establish a non-operating holding company make sense as transactions will then not be subject to

Credit Suisse rates the stock as Outperform
November 15 2006
Target $88.00 (was $85.00). Headline profit of $730m was 6% above the broker's forecast thanks to the size of asset disposals in the period. The result has led the broker to lift its forecasts, with its profit estimates increasing in FY07 by 3.4% to $1,297m, in FY08 by 7.4% to

JP Morgan rates the stock as Overweight
November 15 2006
An above-consensus result has led the broker to increase earnings by 5.4% in FY07 although no later changes have been made as operational earnings will be met with a higher tax rate. On a "vanilla" investment bank basis, the broker has increased the target from $97.73 to $102.

SB Citigroup rates the stock as Buy , High Risk
November 15 2006
Target $90.00 (was $86.00). The broker notes profit was about 6% higher than it had anticipated, with most divisions contributing to the result. Following the result the broker has lifted its forecasts in FY07 by 3.7% to $1,343m, in FY08 by 6.1% to $1,479m and in and FY09 by 5

Deutsche Bank rates the stock as Buy
November 15 2006
A solid result ahead of the broker, with subdued guidance as usual that will likely be exceeded. The broker is not, however, pleased about the increase in the staff compensation ratio, although this will provide upside if it reverts once more. Target increased from $80 to $85.

GS JB Were rates the stock as Marketperform, L/T Hold
November 15 2006
Profit of $730m was above the broker's forecast, leading it to lift its forecasts for FY07 by 3.6% to 517.1c and in FY08 by the same percentage to 483.5c. Despite this the broker suggests the deteriorating quality of the earnings is likely to result in a P/E de-rating, though

Credit Suisse rates the stock as Outperform
November 13 2006
The broker is forecasting a profit result of $686m and a dividend of $1.01. It sees strong growth in revenues as likely but a weaker outcome in terms of equity accounting income, funds management performance fees and commodities trading. The broker's forecasts include a lik

Chart wise, was halted at the obvious all time high resistance and also some trend resistance, and now heading back to what should be pretty good support around $70-71. Will find more support at $65. We're due for a correction, so it could well possibly find it's way back there, supported by any US weakness. Santa rally still in train though so........

kennas as always, you are a credit to ASF

 

[Sean K]

Re: MBL - Macquarie Bank

Bounced off $71.00 ish as was anticipated. Now back up to $73.00. These support and resistance lines really are a good guide to where stocks could bounce or be stopped when used in conjunction with other market factors.

 

[visual]

Re: MBL - Macquarie Bank

Does any body know why macquarie isn`t trading today,is it on a trading halt but etrade failed to show it?Thanks.

 

[Kauri]

Re: MBL - Macquarie Bank

Does any body know why macquarie isn`t trading today,is it on a trading halt but etrade failed to show it?Thanks.

Not sure if it is the reason but I hear that QAN has rejected the T/O..

 

[visual]

Re: MBL - Macquarie Bank

Thanks Kaury,
it doesn`t explain the non trading though,or does it?
The buyers seem to be wanting to pay a higher price than the sellers but still no sales and no announcement of a trading halt.

Having said all that ,looks like it`s now trading,wonder what happened to all the 78 dollars offers,hmmmm

 

[pacer]

Re: MBL - Macquarie Bank

Anyone think this is a short?.....hittin resistance, low vol, MACD crossing......possible double top about to occour with second top being lower......

What do you think?

 

[>Apocalypto<]

Re: MBL - Macquarie Bank

this is another short term winner

after the little sell off god it came back still holding now wonder how far into record territory it can push!

 

[CanOz]

Re: MBL - Macquarie Bank

Anyone think this is a short?.....hittin resistance, low vol, MACD crossing......possible double top about to occour with second top being lower......

What do you think?

I'd bet it short for the week after next. Might have a little left in the tank yet.

Cheers,

 

[Halba]

Re: MBL - Macquarie Bank

remember mbl going up a buck is only 1%. please don't think its a short after going up a percent!

 

[Garpal Gumnut]

Re: MBL - Macquarie Bank

remember mbl going up a buck is only 1%. please don't think its a short after going up a percent!

I'm waiting for the big correction this year to get into Macquarie. Garpal

 

[Halba]

Re: MBL - Macquarie Bank

hmmmmm mbl will have a good yr as it didn't have a great 2 past yrs

this is going higher buddy

 

[>Apocalypto<]

Re: MBL - Macquarie Bank

What happened yesterday?

Company report caused sell off or just nerves?

 

[barnz2k]

Re: MBL - Macquarie Bank

damn, looks like the fall might continue..
and today currently at $77.570
down almost $10 from a week ago.. its hit that 10% mentioned..

 

[reece55]

Re: MBL - Macquarie Bank

Any opinions here on MBL....

Bit of a recovery here today, but I sense it was the bargain hunters coming in.... I am looking for about sub $76 as the next target, which is the next identifiable support level.... The house of cards appears to have a dent in it's chest since the mini correction........

Cheers

 

[Mofra]

Re: MBL - Macquarie Bank

I'm waiting for the big correction this year to get into Macquarie. Garpal

Just out of interest, how are you determining your entry target and is this chart or fundamentally based?

 

[reece55]

Re: MBL - Macquarie Bank

Well, MBL has had an interesting couple of weeks since the major pullback...

What interests me is that there appears to be no buying pressure in the stock..... The last couple of days has seen the stock open at least a 1% higher and then gradually sold off throughout the day. Additionally, volume is way way down.....

Still think we will be seeing that $76 shortly...

Cheers