NAB 1.78% $36.94 national australia bank limited

i have just re rated to strong buy, page-14

  1. 404 Posts.
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    Can't help but respond to the latest posts re NAB P.E.
    It only proves to me the old adage, time in the market not timing the market. what would you say if I was buying this stock for $6.00 odd dollars.... yes I'm an old bugger.I even bought some 10 yrs ago at $29.oo.
    NAB at this moment is exactly where ANZ was in 1988... honest enough to open the books to the worst case senario and they went through the roof, when you are on the bottom there is only one way to go. NAB's poor result was based basicaly on the British arm, and written to zero. It is my very strong belief that the best years are very near and the best buying opportunity exists now.
    Buy to hold, ..... Reap the rewards.
    cheers.

 
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