Sometimes you have to think logically and refer back to the business fundamentals / valuation and also the sentiment and if the stock is justified to be included in that sentiment
For me and BOQ
- It is undervalued in almost every valuation metric (P/E, P/B, PEG, Yield)
- Business model is still profitable, reducing EPS is due to costs being pushed to improving risk capabilities and digital transformation not due to business model being less profitable
- Sentiment against regional banks is almost totally isolated to EU and US - BOQ's balance sheet is strong with 151% LCR and 10.71% CET1 with a diversified portfolio of resi lending in AU and a higher (i believe 80% of book as resi and remainder commercial/business)
If of course you are a value investor then the above should be important to yourself and your investment thesis however if you are a trader then this stock may be a bit frustrating.
Regards
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Last
$6.27 |
Change
0.130(2.12%) |
Mkt cap ! $4.147B |
Open | High | Low | Value | Volume |
$6.16 | $6.29 | $6.14 | $23.20M | 3.723M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2000 | $6.26 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.27 | 22561 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20758 | 6.250 |
2 | 15714 | 6.240 |
2 | 17054 | 6.230 |
10 | 18627 | 6.220 |
1 | 316 | 6.210 |
Price($) | Vol. | No. |
---|---|---|
6.270 | 19222 | 3 |
6.280 | 29359 | 6 |
6.290 | 82942 | 12 |
6.300 | 27406 | 5 |
6.310 | 19355 | 3 |
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