AMP 1.00% $1.52 amp limited

Ann: Financial calendar key dates 2024, page-8

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  1. 33,243 Posts.
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    GS likes SME

    Citigroup had this to say on JDO this morning
    Lending at Judo is likely to slow in the near-term due to the ending of the Australian central bank's term funding facility, say Citi analysts in a note. The resulting higher cost of funds will require the Australian SME lender to steer towards relationship-based lending, away from directly competing with the major banks in more price-sensitive opportunities. "The change in the cost of funds will see loan growth slow as Judo concentrates on improving its lending spread and gaining value from its relationship model," says Citi. These dynamics are not captured in FY 2025 consensus earnings, Citi says, and it now forecasts a material miss to expectations. Citi cuts its rating on Judo to sell from buy, and reduces its target price about 35% to A$0.87/share.

    Getting tight for all the smalls, only way is acquiring another player, many times ive mentioned PPM, still low mkt cap relative to profit and i see they also recently acquired a mortgage book in NZ from HSBC.

    AMP should have acquired that book.
 
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Last
$1.52
Change
0.015(1.00%)
Mkt cap ! $3.848B
Open High Low Value Volume
$1.50 $1.52 $1.49 $8.267M 5.465M

Buyers (Bids)

No. Vol. Price($)
2 84004 $1.51
 

Sellers (Offers)

Price($) Vol. No.
$1.53 37586 2
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