ANZ 1.01% $30.44 anz group holdings limited

safe as a bank ..., page-12

  1. 9,188 Posts.
    Some excelllent points here.

    For me, the issue at heart is:

    1) future losses
    2) future dividend reductions from future losses
    3) utter lack of investor confidence in financials - in favour of commodities
    4) Australian property market has had a great run and can give back some gains.


    The current dividend is UNSUSTAINABLE. They HAVE to keep it intact ATM as if they didnt investors would BAIL.

    But if there are future write-downs to come, the dividend will come off significantly


    Stick to commoditiy's

 
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