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
$3.75 |
Change
-0.030(0.79%) |
Mkt cap ! $414.7M |
Open | High | Low | Value | Volume |
$3.77 | $3.82 | $3.74 | $439.2K | 116.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2926 | $3.75 |
Sellers (Offers)
Price($) | Vol. | No. |
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$3.80 | 6222 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2926 | 3.750 |
1 | 213 | 3.740 |
1 | 800 | 3.710 |
1 | 20000 | 3.700 |
1 | 2000 | 3.690 |
Price($) | Vol. | No. |
---|---|---|
3.800 | 6222 | 2 |
3.830 | 2000 | 1 |
3.850 | 11086 | 4 |
3.890 | 400 | 1 |
3.900 | 4400 | 3 |
Last trade - 16.10pm 10/06/2024 (20 minute delay) ? |
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Last
$3.77 |
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Change
-0.030 ( 0.16 %) |
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Open | High | Low | Volume | ||
$3.77 | $3.81 | $3.75 | 33394 | ||
Last updated 15.59pm 10/06/2024 ? |
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