BOQ 0.48% $6.23 bank of queensland limited.

Ann: BOQ Strategy Update Details, page-11

  1. 314 Posts.
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    Waiting till after the strategy update to jump in - too many red flags recently:

    1. Bank of Queensland's head of business banking Peter Sarantzouklis has parted ways with the regional bank, after just five months in the role.https://www.theaustralian.com.au/subscribe/news/1/?sourceCode=TAWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.theaustralian.com.au%2Fbusiness%2Ffinancial-services%2Fbank-of-queensland-loses-head-of-business-banking-peter-sarantzouklis%2Fnews-story%2F7deffa1dcd682a54c96f01c84c1b6ea6&memtype=anonymous&mode=premium&nk=4da7d2f63f7af4ecf850cbfa29c7c599-1582523847
    2. Short interest is slowly rising again https://www.shortman.com.au/stock?q=boq
    3. Mr Frazis has forecast multiple times that this financial years results will be worse than the last :https://www.*********.com.au/2019/10/18/disappointing-boq-earnings-dip-with-worse-to-come/ "“We expect lower year-on-year cash earnings in FY20 with revenue and impairment outcomes in line with FY19, higher post-Hayne regulatory and compliance costs, and increased operating expenses related to our investment in technology,”

    Waiting till after the strategy update to jump in but I could be wrong.
 
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