I am cautiously optimistic and did find that particular comment in the AFR article intriguing. I don't know how JPM have measured that profit, whether it is on a P&L or Balance Sheet; so we need more information which will not come until next Friday. I would also discount the last paragraph in that article. All they have to do is address the ratio and the modelling.
Poster Centro2008 has made good comments in his post.
Now, no more comments from me for now as I have another more pressing matter on atm.
Cheers, Pie :)
PS: raeban - coffee was great thanks, lol.
CNP Price at posting:
0.0¢ Sentiment: None Disclosure: Held