MQG - Macquarie Group

[Garpal Gumnut]

MQG is one of my picks in the 2025 Yearly Comp @mullokintyre .

It has been ranging between $230 and $240 since mid January and I see no reason not to hold it, unlike the other banks it has held its value recently.

It has given holders an approximate 60% gain in the past 12 months.

A chart.

gg

 

[divs4ever]

@mullokintyre​

​

Macquarie Group Appoints David Chang as Head of Wealth Distribution in Asia​

Macquarie Group Appoints David Chang as Head of Wealth Distribution in Asia

Macquarie Group Ltd (ASX: MQG) has appointmented David Chang as the Head of Wealth Distribution in Asia, effective March 2, 2025

thebull.com.au

i hold MQG ( 'free-carried ' )

this probably won't move the needle share price-wise

but better exposure to Asia is very much the way i like to tilt my investment bias , currently

i guess time will tell if this is good for me

 

[Rabbithop]

Been thinking seriously of shifting my pot from one bank to another since XD. However MQG is still price high, maybe I shld wait for the low 190 - 180 to enter.

 

[divs4ever]

Been thinking seriously of shifting my pot from one bank to another since XD. However MQG is still price high, maybe I shld wait for the low 190 - 180 to enter.

from my ( limited ) experience it is difficult to predict big moves in MQG , sure i was lucky and moved in during the downtrend in 2011 , and reduced shortly after the SYD divestment ( but before the BHP spin-off of S32 )( swapping a slab of MQG for BHP )

maybe you will have a better time predicting when the bank you hold peaks this cycle

currently i am looking for weakness in ANZ as it digests the SUN banking arm ( so i can reenter ANZ ) there should be 'paper write-downs ' that will make the results look shabby

good luck timing the move

 

[DrBourse]

Some TA on MQG.
Referring to the chart below –

The DMI is @ Rule Nr 11, The other 2 ST Inds are UnderWater and still sinking.
The MT Ind’s are all Underwater and still sinking.
The LT Inds are all Underwater and still sinking, except for the 30 Day Stoch/RSI which is showing some small signs of life.
If MQG keeps dropping, then $184.44 is the 1st Support level, and $170.01 would be the next Support Level.
A ST Uptrend would happen if & when the SP is Green Candle that closes above $204.45 (which was the high for 11/3/25), and even then that Candle would need to be confirmed by other TA.
The ST CCI will give the 1st sign of any impending ST Uptrend, then the ST DMI will follow suit, then the MFI..

Cheers

 

[Dona Ferentes]

Been thinking seriously of shifting my pot from one bank to another since XD. However MQG is still price high, maybe I shld wait for the low 190 - 180 to enter.

getting there
... but maybe wait as more sweeping Trump "actions are due on 02 April with plans for broad-ranging reciprocal tariffs on all sorts of goods around the world. China is a prime target.."

 

[Garpal Gumnut]

getting there
... but maybe wait as more sweeping Trump "actions are due on 02 April with plans for broad-ranging reciprocal tariffs on all sorts of goods around the world. China is a prime target.."

View attachment 195715

I would agree. I'd treat MQG like a US trading bank/fund as it has a full suite of investments, advice and other add-ons that Australian "banking" stocks don't have. It may have further to fall than $180.

gg

 

[divs4ever]

I would agree. I'd treat MQG like a US trading bank/fund as it has a full suite of investments, advice and other add-ons that Australian "banking" stocks don't have. It may have further to fall than $180.

gg

and yes it fell as low as $20 in 2011 ( and i bought some WBC @ $19.90 on the same day )

but 13.5 years later which was the better buy 'safety ' or 'growth '

absolutely treat MQG is higher risk/more volatile ( but don't hide in the back when it is CHEAP )

 

[Garpal Gumnut]

I would agree. I'd treat MQG like a US trading bank/fund as it has a full suite of investments, advice and other add-ons that Australian "banking" stocks don't have. It may have further to fall than $180.

gg

That was my earlier March entry in the yearly comp for MQG @mullokintyre .

No change in the direction for it. Where the NYSE goes there goes MQG. It will recover.

gg

 

[Dona Ferentes]

divergiberation day
close $191.27

 

[Dona Ferentes]

divergiberation day
close $191.27

Now that TDS (Tariff Disruption Shock) has been around since late 2nd April, as expected certain sectors are doing better than others.

.
today's close $170.97

 

[Dona Ferentes]

In an all-cash transaction, Macquarie Group is selling its North American and European public investments business to Japan’s Nomura for approximately $2.8bn.

Nomura will acquire the business, led from Philadelphia in the US, in its entirety including all assets, 700 staff, offices and operating platform. It gets a business that comprises equities, fixed income and multi-asset strategies, with approximately $285bn of assets under management.

The business sits under its subsidiary Macquarie Asset Management, its asset management division. MAM will retain its public investments business in Australia and become a more focused global private markets alternatives business serving the institutional, insurance and wealth markets.

 

[Rabbithop]

Only my opinion. It's good that Macquarie is selling off North American n European public investment but to Japan...mmmm
Isn't Japan worrying about Trumpeter's tariff may send all into a rotten heap.
If Japan having a negotiation on tariff rate with Trumpeter, can he be trusted with his words?

 

[Dona Ferentes]

It is more than 15 years since its then-chief executive, Nicholas Moore, steered MQG into American public markets investments.

Since then, this sector has become dominated by massive, low-fee funds such as BlackRock and Vanguard that focus more on passive styles of investments rather than stock picking.

It is seen now as a low RoE, low growth business where they have no competitive advantage and which distracts management. Macquarie’s move is further into their high growth, high-ROE private markets business … where they have a significant scale-driven competitive advantage and can charge higher fees.

The sale will release about $1 billion in capital and lead to a one-off gain of about $300 million. Going forward, there could be a $100 million dent to Macquarie’s 2027 profit after the international public markets unit transfers to Nomura.

 

[divs4ever]

@mullokintyre

the annual report and preliminary report due May 2nd

so MIGHT edge higher in anticipation

currently still down $50 from the 12 month highs

any traders with super-fat wallets , out there ?


i hold MQG ( 'free-carried ' )





PS this is one of my 2025 yearly tips ( which is probably in the red currently )

 

[Garpal Gumnut]

Thanks @mullokintyre . One of my entries in the 2025 Comp.

Nothing much to report apart from above. Trump's brainfarts continue to move markets and MQG's price. I was hoping it would fall a bit more this time to add to my holdings but unfortunately it has recovered too much.

As @Dona Ferentes noted it is more of an American stock than an Australian, why I chose it before I remembered what a proper moron Trump is.

gg

 

[divs4ever]

@mullokintyre

one of my 2025 full year comp. selections

i hold MQG ( 'free-carried' )

have only glanced briefly through this , but did notice that overseas activity decreased their effective tax rate in Australia ( on profits made ) , a symptom of more to come in the managed invests world ?

 

[Dona Ferentes]

Macquarie Group (ASX:MQG) reported a full-year FY25 net profit of A$3.72 billion, up 5% from FY24, with a 30% lift in second-half earnings. The group’s diversified global operations delivered strong results in asset management and retail banking, while commodities trading softened due to weaker market conditions.

Return on equity rose to 11.2%, and the final dividend was set at A$3.90 per share. Assets under management remained stable at A$941 billion.

Despite geopolitical and economic uncertainty, CEO Shemara Wikramanayake highlighted Macquarie’s resilience and readiness to deploy capital strategically under its ongoing buyback and growth initiatives

 

[TimeISmoney]

Macquarie Bank's dodgy trading may be tip of 'iceberg' for industry motivated by 'greed'​

"Several sources have told the ABC that financial market participants regularly circumvent the law to improve the "bottom line", motivated by "greed".

"In the minds of the people doing it, it's probably not consciously 'we're going out to break the system' or be bad but financial people are, by their nature, innovative," professional investor and writer Danielle Ecuyer said.

"The motivation of greed — that's humanity, that's the way it works.

"If there's a more simple way to get to an optimal bottom line then they will probably pursue it.

"You see it in financial products that constantly come to the market and the industry will always look for an easier way, a better way to do something that avoids the rules.""

 

[divs4ever]

Macquarie Bank's dodgy trading may be tip of 'iceberg' for industry motivated by 'greed'​

"Several sources have told the ABC that financial market participants regularly circumvent the law to improve the "bottom line", motivated by "greed".

"In the minds of the people doing it, it's probably not consciously 'we're going out to break the system' or be bad but financial people are, by their nature, innovative," professional investor and writer Danielle Ecuyer said.

"The motivation of greed — that's humanity, that's the way it works.

"If there's a more simple way to get to an optimal bottom line then they will probably pursue it.

"You see it in financial products that constantly come to the market and the industry will always look for an easier way, a better way to do something that avoids the rules.""

i hope the ABC and the Albo crew don't think MQG is a soft target because Nick Moore has gone

Albo is perfectly on track to crush 'the Green Dream ' if MQG doesn't back it/fund it/trade it

there are a lot of powerful people affiliated with MQG ( in the past and present ) otherwise they could not compete internationally

i hold MQG ( 'free-carried' )

a bank behaving badly ??? what a surprise ( NOT )

but trying to contain derivatives trading ... are they serious ( no other government has done so successfully )