WBC 0.98% $27.90 westpac banking corporation

Anyone else feel silly for jumping in at $18/$19?, page-26

  1. 1,156 Posts.
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    One Month Later, and WBC still can't outperform its peers over any time period. WBC usually underperforms against the average of the Big 4, and the only positive thing to say about WBC about these numbers, is that CBA has performed even worse.

    https://hotcopper.com.au/data/attachments/4679/4679507-e938f172c6001ed70d7930bbd37f6580.jpg

    I can understand HC posters who are bullish on WBC for Trading purposes. There is money to be made here. But the case for holding WBC long term is very weak based on past performance. And when we consider many valid criticisms that the board and management remain largely the same now as it has been for many years, then expecting any outperformance in the future is probably wishful thinking only.

    I plan to sell out my position in the near future. May return to WBC for trading purposes, but changing my sentiment as of today.

    GLTAH

 
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