AGF Management Limited (AGFMF)

RBC Analyst lowers his price target on AGF Management Ltd. (AGF.B-T, “sector perform”) to $8.50 from $9. Average: $

Added some more today after a great quarter posted. IMO this thing eventually gets taken out at a premium, but if not a nice div and turn around story for a much hated stock and sector.

Aren't half their assets with Primerica in DSC funds? High risk.

I used to hold this company but bailed as I watched annual redemptions climb. They were slow to adapt to the new reality (EFTs) as informed people moved away from very expensive mutual funds. Revenues are declining, stockholder equity is flat, and free cash flow is flat. There are much better companies in which to invest your hard earned cash.

Expensive funds with low or poor performance doesn't help. Proxy on the market doesn't help either. Run.

thanks for the cheap shares.

They bought back $40mil at $5.70/share this past Fall. Good trend line in place to head back to $7.00 highs prior to COVID drop. Collect the dividends and wait for more growth from Asia or someone to come in with a takeover.

Scotiabank raised target price from $9.00 to $10.50.

Read the last quarter. No debt, sitting on cash, new partnership, increase in fund sales. People will chase the market and not everyone will want to handle their own retirement savings. This will go higher as it makes to much $ per share.

Why is this stock down 10% in the past month or so??... Am I missing something?

If you thought this last quarter's results were poor wait till next quarter when redemptions climb through the roof.

AGF-B.TO reached a 52 Week high at 8.38

Hi. Just checking in to see if anyone has offered to buy this out. Been a holder for longer than I can remember. Good steady dividend. Have no objection to being taken over. For the years I’ve held this it would compare to watching paint dry! GLTA

AGF-B.TO is up 5.73% to $4.98

AGF-B.TO reached a 52 Week low at $4.58

AGF-B.TO reached a 52 Week low at $4.71

AGF-B.TO is down 9.87% to 2.83

AGF-B.TO is up 6.35% to 5.53

congrats to all longs. great results