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Morning Wrap: ASX 200 to rise, Apple declares record buyback, Macquarie reports 32% year-on-year profit fall
Fri 03 May 24, 8:27am (AEST)
Reporting Season
Is this stock's "knee-jerk" 22% sell-off now an opportunity?
By
Ally Selby
Tue 27 Feb 24, 1:37pm (AEST)
Livewire's Ally Selby and MA Financial Executive Director Julian Biggins
Stocks in article
maf
MktCap:
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HIGHLIGHTS
- MA Financial reported its 2023 calendar year results last week and despite a consistent operational performance, the stock is down around 22% since the result
- In this interview, MA Financial's Executive Director and Joint CEO Julian Biggins highlights future investment plans, including plans to grow the company's assets under management from $9.3 billion to $15 billion by FY26
- Biggins attributes the weaker-than-expected result to cycling off a strong 2022 and emphasises the company's consistent operating growth over the past few years
Created By
Ally Selby
Tue 27 Feb 24, 1:37pm (AEST)
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