Thought pretty much the same.
After falling some 5% yesterday and this morning when i saw it at another 3% i put my order in which was substantial, the CommSec average buyin at 25.878 to me was a gift.
Could it fall further, well yes but as a trade for a big bank to fall 8% on numbers i thought were pretty good, Phil Chronican & Ross McEwan are well suited to dealing with the parasites in ASIC & AUSTRAC who are just mandated to chasing money down and creating regulatory & compliance costs to pay for the woke left wing Budget and spending of our drunken sailors now at the helm.
Cash increase 12.3%
Profit before bad debt expenses up 18.5%
Benefits of higher cash rates
NIM of 1.77% as apposed to 1.63%
Business & private banking better than what i thought would have been with a payout ratio of 64%...conservative but whats wrong with that *?*
An impact on net income interest down 3% to be expected, thought it would be worse and bad debts of lets say around 0.12% so possible upside of 8% to 10% quite probable so full year payout of 1.70 to be excitable if not probable.
AFR was bantering Tier 1 ratio under the regulators new capital framework of 12.2% above minimum of 10.25% and whats wrong with that *?*
PE of 11 & yield of 6% give or take ( + - ) .25% whats wrong with that knowing you can sleep at night knowing it will not go broke over night....can you sleep well at night GDAN ???
I know i can, so it was a buy for me for any stock like this when it has been hit with an 8% fall.....
RDD
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Last
$36.94 |
Change
-0.670(1.78%) |
Mkt cap ! $113.6B |
Open | High | Low | Value | Volume |
$37.08 | $37.29 | $36.88 | $167.7M | 4.533M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 445 | $36.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$36.97 | 11870 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 445 | 36.920 |
1 | 2000 | 36.910 |
7 | 6657 | 36.900 |
4 | 1792 | 36.880 |
1 | 550 | 36.870 |
Price($) | Vol. | No. |
---|---|---|
37.000 | 690 | 2 |
37.010 | 1727 | 1 |
37.050 | 520 | 2 |
37.060 | 15 | 1 |
37.110 | 270 | 1 |
Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
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