WBC 2.46% $28.98 westpac banking corporation

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  1. 489 Posts.
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    It's the 1% growth rate number that worries me here. My investment thesis has been that even if it doesn't grow it's profits its still a good purchase because of the amount of profit it generates anyway. 


    Are you doing these calculations to 10 years?

    I guess that makes growth more reasonable. Hard to see much profit growth in the next 2-3 years, to me. 

    But I suppose 10 years from now they have bigger loan books etc

 
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