ZIP 3.52% $1.84 zip co limited..

UK launch & Zip biz -Next Month, page-263

  1. 107 Posts.
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    cba sp way overvalued.

    they rode the property and economic boom for over 20 yrs...now we're in for a housing downturn, and being overly exposed on the residential side, with 30% of their mortgage book being greater than 80% lvr...their sp will be hit the hardest.

    nab less so...as their sp has already bottomed out...it won't get any worse for nab...so if I had a pick out of the majors, it'll be nab
    Last edited by Bart679: 12/08/20
 
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