Yes, I guess so, but depends on ur risk profile. Higher margin, higher returns and I guess higher risk. Lower margins, lower returns and of course lower risk.
Big 4 major banks be they Canada, England, Scotland, U.S. and/or Australia tend to have SPs that are priced for the current conditions, sentiment, confidence indices and current disclosures.
On the other hand, the regionals and high margin plays such as Provident Financial, Scottish Pacific (altho SCO is a Zara: Wesfarmers comparison to Provident Financial) tend to be underpriced after downturns such as the Great Recession and tend to be overpriced after economic booms i.e. 2007 and/or 2000.
I think the time for BEN and BOQ has come.
Ann: BEN 2017 interim financial results announcement details, page-15
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Last
$12.58 |
Change
-0.020(0.16%) |
Mkt cap ! $7.145B | |||
| Open | High | Low | Value | Volume |
| $12.59 | $12.63 | $12.52 | $10.32M | 820.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 145 | $12.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.61 | 101 | 1 |
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| Last trade - 16.10pm 14/11/2024 (20 minute delay) ? |
| BEN (ASX) Chart |