st george looking a bit creepy, page-3

Of all the 5 major banks SGB is the most overvalued in the current market. Granted, that it's done impressive things in the past, but it's days are numbered.

Consider:

(1) significant exposure to the worst economy in Australia - NSW
(2) Deteriating credit quality
(3) High personal borrowing costs (stretched repayment affordability)
(4) Margin squeeze in credit cards and personal lending
(5) Marginal SME business

And NOW: Inflation topping out at 4% (annualised).

This stock is an outright sell IMO.