May I seek your thoughts on ORG and MQG?

May I seek your thoughts on ORG and MQG? If II were to sell ORG today (3300 shares) I will lose 56% relative to the purchase prices during the past 12 yr. What is its likely future considering the highly competitive energy market? Shall I sell it and invests in my better stocks like CSL, CBA or add to my ETF/LIC (all in SMSF). I understand that MQG is well managed with local and overseas business. What is the target price for this stock from a few brokers and your assessment of its road ahead? I note that MQG is part of the SWTZ.

A: I am comfortable in holding Macquarie. According to the major brokers, consensus target price is $161.86, 4.0% higher than the last ASX price of $155.61. Range is a low of $140 to a high of $175. There are 3 buys, 1 neutral, 1 sell

Origin has been doing it pretty tough, but maybe showing signs of bottoming. The analysts are a little more bullish – consensus target price is $4.81, about 8% higher than the last ASX price of $4.43


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