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AGF Management Ltd T.AGF.B

Alternate Symbol(s):  AGFMF

AGF Management Limited is a Canada-based independent and globally diverse asset management company. The Company provides investment solutions to a range of clients, from individual investors and financial advisors to institutions, including pension plans, corporate plans, sovereign wealth funds, endowments, and foundations. The Company's subsidiaries provide investment management for mutual funds, factor-based exchange-traded funds (ETF), institutions and corporations, private wealth clients, and access to private markets through its three business lines: AGF Investments, AGF Private Wealth, and AGF Private Capital (Private Capital). AGF Investments include a broad range of equity, fixed income, alternative and multi-asset strategies covering a spectrum of objectives from wealth accumulation and risk management to income-generating solutions. AGF Private Wealth provides investment solutions for high-net-worth individuals, endowments and foundations in key markets across Canada.


TSX:AGF.B - Post by User

Post by dangoodon Sep 29, 2022 12:09am
548 Views
Post# 34994008

Substantial Issurer Bid

Substantial Issurer BidGoing to the well one more time. Last time was November of 2020. While it is a prudent use of cash, ongoing earnings of 32 cents per share should lead to a dividend increase. Paying out 10 cents just wont cut it. Having a company with excess cash trading at less than 50 cents on the dollar and a future P/E in the neighborhood of 5 times means AGF is a screaming buy.  Hopefully I can get my money from the EVT SIB soon to make this play as well.
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