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Re: MBL - Macquarie Bank
Up over $87 today record highs, no announcements, why????????
Up over $87 today record highs, no announcements, why????????
MQG - Macquarie Group
- Thread starter serp
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Re: MBL - Macquarie Bank
Almost cracked the $90 mark!!so close, $89.95
Should have got more shares when I had the chance haha
Almost cracked the $90 mark!!so close, $89.95
Should have got more shares when I had the chance haha
Prospector
Not a scaredy cat anymore
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Re: MBL - Macquarie Bank
The other night on ABC they said that there was a race between CSL and MBL as to which was going to crack the $100 first. Both are going gang busters at the moment and I am pleased to say I picked them both up when they were in the $30 region!
The other night on ABC they said that there was a race between CSL and MBL as to which was going to crack the $100 first. Both are going gang busters at the moment and I am pleased to say I picked them both up when they were in the $30 region!
Re: MBL - Macquarie Bank
There is market speculation that MBL is making a takeover play for Tabcorp. I'd say that is the main reason.
There is market speculation that MBL is making a takeover play for Tabcorp. I'd say that is the main reason.
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Re: MBL - Macquarie Bank
And we're over!
90.25
*travelles back in time sells soul to invest in MBL*
Nice work man. I got in just after that 5% drop, if only id had more cash to play with and actually knew what i was doing.. haha
gotta love hindsight.
And we're over!
90.25
*travelles back in time sells soul to invest in MBL*
Nice work man. I got in just after that 5% drop, if only id had more cash to play with and actually knew what i was doing.. haha
gotta love hindsight.
Re: MBL - Macquarie Bank
http://asx.com.au/asxpdf/20070514/pdf/312g24m700q90t.pdf
Trading halt because of a significant announcement about capital raising. Good thing?
http://asx.com.au/asxpdf/20070514/pdf/312g24m700q90t.pdf
Trading halt because of a significant announcement about capital raising. Good thing?
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Re: MBL - Macquarie Bank
MBL is going ballistic!
Trading halt for 1.5 days for allocation of new shares i think at $87 - too bad I missed it!
currently at a whopping $96!
recon its gonna crack the $100 mark or will it drop down after the trading has eased off?
MBL is going ballistic!
Trading halt for 1.5 days for allocation of new shares i think at $87 - too bad I missed it!
currently at a whopping $96!
recon its gonna crack the $100 mark or will it drop down after the trading has eased off?
Re: MBL - Macquarie Bank
Hope so, $96.70 atm, craziness! I think we just want somethign to go up to $100 and it'll just drop back again once people realise it won't make it/isn't worth it (ie RIO)
Hope so, $96.70 atm, craziness! I think we just want somethign to go up to $100 and it'll just drop back again once people realise it won't make it/isn't worth it (ie RIO)
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Re: MBL - Macquarie Bank
High of 98.640!
Go baby go!
An aussie stock has never hit 100 before right??
Almost 2million in volume - does that mean 2million shares have traded today?
Wouldnt this be a huge number for mbl considering its price?
High of 98.640!
Go baby go!
An aussie stock has never hit 100 before right??
Almost 2million in volume - does that mean 2million shares have traded today?
Wouldnt this be a huge number for mbl considering its price?
Re: MBL - Macquarie Bank
Today's volume (shares traded) of nearly 2 million is large, considering its price, but you should look at this number relative to the average trading volume of MBL, which I'd say is just under 1 million in the past six months. This is just an estimate from looking at the graph. To answer your question, today's volume is quite substantial, especially when you factor in it's price.
Cheers,
scsl
Poseidon hit $280 in the 1970s, though that was on the back of the nickel boom.
Today's volume (shares traded) of nearly 2 million is large, considering its price, but you should look at this number relative to the average trading volume of MBL, which I'd say is just under 1 million in the past six months. This is just an estimate from looking at the graph. To answer your question, today's volume is quite substantial, especially when you factor in it's price.
Cheers,
scsl
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Re: MBL - Macquarie Bank
Why the retreat of late?
Trading around $89.95 ATM not sure where its going to find support but its certainly getting some interest from buyers
Why the retreat of late?
Trading around $89.95 ATM not sure where its going to find support but its certainly getting some interest from buyers
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Re: MBL - Macquarie Bank
The House of Macquarie - The House Of Cards?
Enron Prophet of Doom, Jim Chanos, Down on Macquarie Bank
Jim Chanos has Macquarie Bank (ASX: MBL) in his sights. Uh oh.You may not know Chanos. But he's sort of infamous on Wall Street. And when he talks about stocks he hates, people listen.
http://www.sharecafe.com.au/dreck.asp?a=AV&ai=4647
Macquarie Bank Chief Says Assets Have “Really Special Value”
The House of Macquarie - The House Of Cards?
Enron Prophet of Doom, Jim Chanos, Down on Macquarie Bank
Jim Chanos has Macquarie Bank (ASX: MBL) in his sights. Uh oh.You may not know Chanos. But he's sort of infamous on Wall Street. And when he talks about stocks he hates, people listen.
http://www.sharecafe.com.au/dreck.asp?a=AV&ai=4647
Macquarie Bank Chief Says Assets Have “Really Special Value”
Julia
In Memoriam
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Re: MBL - Macquarie Bank
Let's not overlook the fact that it is decidedly in Mr Chanos' interests to talk down MBL since he regards it as a short. It's interesting that he has come out with this pronouncement when the stock has been running at or close to an all time high. Good time for him to short it, while he runs around the world getting publicity everywhere for the notion that it's all about to fall over.
He could be right.
However, he could also just be seeking his own personal advantage.
Let's not overlook the fact that it is decidedly in Mr Chanos' interests to talk down MBL since he regards it as a short. It's interesting that he has come out with this pronouncement when the stock has been running at or close to an all time high. Good time for him to short it, while he runs around the world getting publicity everywhere for the notion that it's all about to fall over.
He could be right.
However, he could also just be seeking his own personal advantage.
>Apocalypto<
20.03.2012
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Re: MBL - Macquarie Bank
Hard to say with MBL I take the great short call as very suss, you raised a very good point about his comment coming around all time highs good timing or calculated?
that last rally was very speculation driven and not to see it fall down so fast with many caught out fast trying to save whatever they could.
just my thoughts
Hard to say with MBL I take the great short call as very suss, you raised a very good point about his comment coming around all time highs good timing or calculated?
that last rally was very speculation driven and not to see it fall down so fast with many caught out fast trying to save whatever they could.
just my thoughts
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Re: MBL - Macquarie Bank
Uncle
I also note that Packer has recently divested his stake in MBL, and prior to the sale he was up in the top 15 holders.
The reality is that their accounts (and unlike most, I actually read them cover to cover) are the most complicated and the most subject to subjective accounting treatment of any of have seen on our exchange. Basically, I wouldn't trust the profit figure they report to the market - so many critical assumptions are made in them it's just ridiculous....
Openly, I lost money shorting this stock back @ $80.00, but closed out for some short term pain (learnt not to short a stock in a heavy uptrend the hard way) - but really guys, this one is to the ASX what Enron was Wall Street back not so long ago. No one questions there business model (which fundamentally is like placing a super heavy base on a flimsy foundation) because they just keep recording record profits, but what are these profits built on? MBL does well because our accounting standards allow them to cheat! Their satellite funds are just an excuse to write themselves bonuses, because the cash flies out each of the doors so quickly you don't know what's going on. And they have an insatiable appetite for doing a deal no matter what the cost in a highly liquid cash filled environment. I mean they value their funds based on EBITDA and illustrate % of gearing on EV - what an absolute crock!
Each to their own, but at this stage in the market, I will not touch MBL short or long. Granted, I will miss out on opportunities, but so be it - it's only one stock in the ASX 200!!!!
Cheers
Reece
Uncle
I also note that Packer has recently divested his stake in MBL, and prior to the sale he was up in the top 15 holders.
The reality is that their accounts (and unlike most, I actually read them cover to cover) are the most complicated and the most subject to subjective accounting treatment of any of have seen on our exchange. Basically, I wouldn't trust the profit figure they report to the market - so many critical assumptions are made in them it's just ridiculous....
Openly, I lost money shorting this stock back @ $80.00, but closed out for some short term pain (learnt not to short a stock in a heavy uptrend the hard way) - but really guys, this one is to the ASX what Enron was Wall Street back not so long ago. No one questions there business model (which fundamentally is like placing a super heavy base on a flimsy foundation) because they just keep recording record profits, but what are these profits built on? MBL does well because our accounting standards allow them to cheat! Their satellite funds are just an excuse to write themselves bonuses, because the cash flies out each of the doors so quickly you don't know what's going on. And they have an insatiable appetite for doing a deal no matter what the cost in a highly liquid cash filled environment. I mean they value their funds based on EBITDA and illustrate % of gearing on EV - what an absolute crock!
Each to their own, but at this stage in the market, I will not touch MBL short or long. Granted, I will miss out on opportunities, but so be it - it's only one stock in the ASX 200!!!!
Cheers
Reece
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Re: MBL - Macquarie Bank
I was tempted to sell just under the 100 mark cause I figured it would drop back - but not this harsh!
But if I had i would get hit with the 50% rate cause Ive only had it a few months, but if I wait a year and it gets back to say 93 or something Ill still be up than selling higher with higher rate.. right?
I was tempted to sell just under the 100 mark cause I figured it would drop back - but not this harsh!
But if I had i would get hit with the 50% rate cause Ive only had it a few months, but if I wait a year and it gets back to say 93 or something Ill still be up than selling higher with higher rate.. right?
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Re: MBL - Macquarie Bank
MBL is an extremely hard stock to value because identifying what is cashflow & what is an asset revaluation (and the subsequent management fee drawn from it) is very difficult without, are Reece has alluded to, reading all the reports from every arm of the business (and Macquarie if run exactly like that: 6 seperate businesses).
I would suspect many hold due to the strength of the management team which is one thing I do believe strongly; Macquarie is extremely well managed and lead, and culturally is like almost no other company in the country.
The reports for MAP alone are interesting enough reading - 2 years ago I baulked at buying MAP because it appeared management fees are drawn on the value of asset increase as well as the cashflows from the assets held.
MBL is an extremely hard stock to value because identifying what is cashflow & what is an asset revaluation (and the subsequent management fee drawn from it) is very difficult without, are Reece has alluded to, reading all the reports from every arm of the business (and Macquarie if run exactly like that: 6 seperate businesses).
I would suspect many hold due to the strength of the management team which is one thing I do believe strongly; Macquarie is extremely well managed and lead, and culturally is like almost no other company in the country.
>Apocalypto<
20.03.2012
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Re: MBL - Macquarie Bank
MBL,
Long and medium term strong up trend.
Short term.
MBL was sold down to 86.46 lowest point it reached so far.
I see support found at 87.12 still under its negative 45degree angle but has not been pushed down to trend line from aug break out.
I am looking to open longs on MBL with stops under support. futher confrimation of support could be seen in 1 more test.
currently it looks like the market has decided this is a fair value for MBL.
MBL,
Long and medium term strong up trend.
Short term.
MBL was sold down to 86.46 lowest point it reached so far.
I see support found at 87.12 still under its negative 45degree angle but has not been pushed down to trend line from aug break out.
I am looking to open longs on MBL with stops under support. futher confrimation of support could be seen in 1 more test.
currently it looks like the market has decided this is a fair value for MBL.
Attachments
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Re: MBL - Macquarie Bank
You'l know if she's the next Enron if she fails to keep above $84
If she fails to hold up above this level
"Run for Shelter"
Don't expect any help from your usually fair to average technical support in these times
As was the case/times of Enron Lots of markets were mysteriously blacked out
So much for Highly-Geared / Leveraged investments I guess?
Only time will tell!
Salute and Gods' speed
You'l know if she's the next Enron if she fails to keep above $84
If she fails to hold up above this level
"Run for Shelter"
Don't expect any help from your usually fair to average technical support in these times
As was the case/times of Enron Lots of markets were mysteriously blacked out
So much for Highly-Geared / Leveraged investments I guess?
Only time will tell!
Salute and Gods' speed
