BEN 0.52% $11.71 bendigo and adelaide bank limited

because ben so risk

  1. 543 Posts.
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    Fact:
    Pending bad debt issues potentially worth in excess of $500 million. Won't get resolved unitl after court case which starts at Aug 2012.
    Questionable value in acquisition of Elders.
    Question marks over current franchise strategy.
    Overall weakness in international banking stocks unfairly drags this domestic bank down - sector weakness

    AND imo weak management lead by inexperienced CEO and old boys/girls board
 
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