BWinter, in stocks in general, what you say is a rule of thumb. But looking over the last 10 years of Ex div for NAB shows that a quick recovery is often not the case. Just look at the last ex - dividend.
That is why I was considering a sell out, but as I said, for now the bad news is all factored in and we might get a strong return after this recording date.
Cevatt, I agree that the outside influences will have a bigger bearing than anything domestic immediate short term.
But I am extremely top heavy in finance shares and have been working on a strategy to get back into cash or bonds. I need to let NAB go sooner rather than later as some of my other finance shares offer a similar dividend return and have capital gain to go with it. I want a bit of time on the sideline and see the next few reporting quarters on housing and infrastructure.
My best estimate is that infrastructure will stay strong and housing will soften a little until there is more clarity on the federal election. Having said that, all reports from the building product sector I have seen are still offering a strong showing.
- Forums
- ASX - By Stock
- Bargain
BWinter, in stocks in general, what you say is a rule of thumb....
-
- There are more pages in this discussion • 36 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 NAB (ASX) to my watchlist
(20min delay)
|
|||||
Last
$38.93 |
Change
-0.120(0.31%) |
Mkt cap ! $119.9B |
Open | High | Low | Value | Volume |
$38.40 | $38.93 | $38.40 | $151.9M | 3.911M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 4612 | $38.92 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$38.94 | 676 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 4612 | 38.920 |
2 | 12057 | 38.910 |
3 | 8503 | 38.900 |
1 | 8218 | 38.890 |
1 | 7523 | 38.880 |
Price($) | Vol. | No. |
---|---|---|
38.950 | 10650 | 3 |
38.970 | 1704 | 1 |
38.980 | 3537 | 5 |
38.990 | 13537 | 2 |
39.000 | 67923 | 27 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
Featured News
NAB (ASX) Chart |