WBC 0.13% $30.86 westpac banking corporation

WBC price target $41, page-193

  1. 35,450 Posts.
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    PSLALLY, it is chaotic thinking of the market for bank stocks to be sold off so rapidly. Especially when AUSTRAC has been smashed reputationally.

    Westpac, although needing to do more to avoid compliance, risk and governance scandals, needs many more scandals for $22.94 to be even remotely close to a lowball figure for fair value.

    Ripe for more buying IMHO, far more FOMO than FONGO.

    Who in Australia would buy a house for a couple of million or more compared with owning bank shares with some value?
 
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