good buy price, page-4

Nutsm it was a good question, today it was released that the big 4 fees increased by 8% to 11 bill. So to investor trader there is a start to profit increase, with ANZ there overseas provisions was up 97% pre provisional profit to 628 mil and thats during the GFC. If you look at their strategy plan it you can see where profit will increase, Any bank that just focuses on Australia will not match the growth that ANZ is trying to unlock. While there 97% increase in ppp show even in a downturn there are profits to be unlocked. Nutsm if they can keep growing there Asian business at that rate they will become a super regional bank and $15 will seem cheap. I know ANZ has a lot of knockers but in the end I really think they can dwarf all the others. As I have said before they are becoming more open and transparent Mike Smith is telling how it is no rose coloured outlook no bull wich is refreshing good luck nutsm and good question.