ANZ 0.80% $31.40 anz group holdings limited

Ann: Market Update, page-2

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  1. 3,623 Posts.
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    I try to keep up with ANZ NAB and WBC- to the extent that a mug punter can.

    The big 4- mostly the above 3 have been punished because of competition pressure on NIM. Then ANZ has lost home loan market share by 0.1% and this has been blamed somewhat on processing times on new home loan applications.

    I got in at the closing $26.10 on my confidence that ANZ has identified the home loan processing problem and they report that they are making progress towards addressing it. I am confident sector wise that higher interest rates should increase NIM for most banks.

    Short to medium term SP pressure on Ukraine. Not to speak lightly on the horror unfolding there- forgive me.

    Longer term- covid rates and vaccines are looking positive- but we have been here before- if we can stay safe over here in the western third of the continent. And supply chain issues impacting business.

    IMHO DYOR
 
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