MAGELLAN FINANCIAL GROUP LIMITED - ASX: MFG

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ASX investor profile picture
ShareShack user name hidden until logged in August 10
Here's the list of volume spike trades of interest in today's scan (for trading day ending 09-Aug-2018):

AQZ, AVH, AXL, BAL, BKI, BLG, BOE, CAY, CVN, CVW, CWN, EZL, FDM, GLL, HZR, IAG, KRL, LNG, LVT, MFG, OEL, ORA, PLG, SFG, SHM, SMR, SUN

Bellamy's Australia (BAL), in particular, looks quite interesting as a contrarian play with this volume spike - who is buying all of this stock that people are selling? Is the end of the trend nigh?

Personal disclosure - No direct positions thus far in these companies.
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ShareShack user name hidden until logged in July 04
Here's the list of volume spike trades of interest in today's scan (for trading day ending 04-Jul-2018):

AQG, ASN, BKY, CCE, CL1, COB, CT1, HPI, KRL, KSL, MFG, PTM, SHJ, SIG, SIV, SUP, VMT

Personal disclosure - No direct positions thus far in these companies.
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ShareShack user name hidden until logged in May 01
Magellan has fallen from $28 to around $24 in the last 3 months, despite performing well. The broker reports I've read have a target price of $29. They say Magellan is continuing to attract funds from both institutional and retail investors and are forecasting them to grow earnings per share faster than their peers off the back of the recent acquisitions of Arlie Funds Management and Frontier Partners, as well a rising allocation by Australian retail investors into global equities. I therefore don't understand whats cuased the share price to fall to its current price, which is near the 52 week low? Does anyone know- Motley Fool article below thinks its because the funds management industry is being disrupted by the growing popularity of ETFs and people preferring to deploy their funds into these instead of active fund managers. Is this true, otherwise Magellan looks like a good buying opportunity.

https://www.fool.com.au/2018/04/19/why-asx-fund-managers-are-printing-52-weeks-low-in-unison/
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