BEN 0.27% $10.95 bendigo and adelaide bank limited

Ann: Interim results announcement details, page-25

  1. 3,613 Posts.
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    I'll be buying more in the SF when I get a feel for when the stock is oversold on the charts.

    My average buy is low 11s but when factor in stripping divvies (with franking credits) for last few years plus options premiums for trading the ups and downs, it's a great earner of a stock for the SF.

    Owes me somewhere in the 5s if I calculate money earned from the derivatives premiums and strip it out.

    It's a solid company and will bob around in terms of SP until money rotates back into financials, commodities running well last few years.

    Will be interesting to see where it settles post raise. Will be influenced largely by broker support and where they're looking to book their profits on the up and down sides.
    Last edited by BaltasarG: 18/02/20
 
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