Its not an if but a when...majour bankers in the US now have machines on a buy mode for any substantial fall which to me indicates they are looking at a filtering of hikes will do thier job.
Comments like last night from JP, Chase and so forth are indicative of that. The more banter of a US recession the better it gets for GMG as they are completely insulated.
When you look back through history it is usually an 8 month to 13 month offset from the beginning of normalising.
Also a bear market at a mid point in which historically we are now, money will move from sidelines to recession proof & currency proofing growth orientated stocks.
I believe GMG is one of those stocks more so than CSL on price metrics. Increase the yield and you have an incremental slo buying mechanism in place for a SP.
- Forums
- ASX - By Stock
- Ann: Full Year Results Presentation
Its not an if but a when...majour bankers in the US now have...
-
-
- There are more pages in this discussion • 13 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GMG (ASX) to my watchlist
(20min delay)
|
|||||
Last
$34.58 |
Change
-1.860(5.10%) |
Mkt cap ! $65.67B |
Open | High | Low | Value | Volume |
$35.55 | $35.66 | $34.58 | $121.7M | 3.493M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 660 | $34.54 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$34.73 | 660 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 660 | 34.540 |
3 | 452 | 34.530 |
1 | 20 | 34.520 |
1 | 3000 | 34.510 |
5 | 977 | 34.500 |
Price($) | Vol. | No. |
---|---|---|
34.730 | 660 | 4 |
34.850 | 20539 | 1 |
34.860 | 8104 | 1 |
34.880 | 4466 | 1 |
34.900 | 4025 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
GMG (ASX) Chart |