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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I am surpised by the lack of interest in this stock . Looks like...
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Last
$3.87 |
Change
-0.015(0.39%) |
Mkt cap ! $427.1M |
Open | High | Low | Value | Volume |
$3.88 | $3.91 | $3.83 | $317.8K | 82.13K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 733 | $3.86 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.87 | 2691 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 733 | 3.860 |
12 | 9059 | 3.850 |
12 | 9551 | 3.840 |
8 | 20491 | 3.830 |
7 | 7652 | 3.820 |
Price($) | Vol. | No. |
---|---|---|
3.870 | 2691 | 10 |
3.880 | 3340 | 11 |
3.890 | 6117 | 10 |
3.900 | 9549 | 8 |
3.910 | 4005 | 8 |
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