I am surpised by the lack of interest in this stock .
Looks like someone is building a position by pushing down the price with small amounts of stock.
To put things in perspective as I see it.
* The last dividend was stopped because the Board decided to maintain a strong capital position given the challenges and uncertainties that prevailed.
* The Board expects barring unforeseen circumstances that it will pay a dividend for the period ending 31st December 2020.
* Lets assume it's at the historical level then that's a 5.8% divy p.a plus franking ( Good probability that it will be higher )
* Melos Sulicich has already stated "that the 1st quarter net profit after tax and before restructuring costs is up 21.7 % on pcp. "( uncertain as to how much the restructuring costs are ?)
* That FUA had grown to $1.09b ( was previously $1.07b ) This should be a lot higher now given the market momentum . (more income.)
* That lending and customer deposits are up for the 1st qtr
*
* He has also stated " That if the trend continues for the balance of the year, the full year result will likely be MATERIALLY ahead of last year "
In my opinion this stock is well undervalued.
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Last
$3.51 |
Change
-0.010(0.28%) |
Mkt cap ! $388.2M |
Open | High | Low | Value | Volume |
$3.54 | $3.55 | $3.50 | $156.3K | 44.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 21119 | $3.50 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.51 | 2929 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 21119 | 3.500 |
11 | 19659 | 3.490 |
10 | 10803 | 3.480 |
7 | 12795 | 3.470 |
7 | 5916 | 3.460 |
Price($) | Vol. | No. |
---|---|---|
3.510 | 2929 | 11 |
3.520 | 2343 | 9 |
3.530 | 5390 | 7 |
3.540 | 3167 | 8 |
3.550 | 11077 | 7 |
Last trade - 13.59pm 06/05/2024 (20 minute delay) ? |
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Last
$3.50 |
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Change
-0.010 ( 0.59 %) |
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Open | High | Low | Volume | ||
$3.53 | $3.54 | $3.50 | 13344 | ||
Last updated 14.16pm 06/05/2024 ? |
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