BEN 0.16% $12.37 bendigo and adelaide bank limited

Bendigo Malaise

  1. 4,868 Posts.
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    There is something wrong at the Ben, goes back to the Adelaide merger and has got worse under current leadership, the Adelaide staff showed from the start a general SA attitude towards their Vic counterparts this was not stamped out at the start and has festered since. The happy days of "Being the Bendigo" have gone and there is an attitude among the staff and around the coffee machines that is not productive. Management have become somewhat of a "Boy's club" led by Mr Hurst and the staff especially the female staff see the result. There is a complacency that was not previously part of the heart of the Bendigo Bank and imo it is starting to show in the business.
    imo we shall see some changes at the Ben if this malaise is not addressed soon, major shareholders are starting to feel the negative vibes you can even feel it in the branches imo, just chat to the staff and you will feel that it is not the happy positive place it once was, the share price should be up around $15.50 imo but languishes at current price no positive news, no new inititives, general feeling that management are sitting on their hands building up their super and share options and bonuses at the shareholders expense, we need a change soon. Boy's Clubs don't work it needs broken up.imoo
 
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$12.41 $12.47 $12.36 $14.11M 1.139M

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