WBC 1.50% $26.42 westpac banking corporation

I am not doing anything, not buying not selling, happy with my...

  1. 7,187 Posts.
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    I am not doing anything, not buying not selling, happy with my first position that is share price positive and also received the dividend.
    Happy to wait and see how things play out.

    https://hotcopper.com.au/data/attachments/5807/5807703-6ef654dc8b5928e8442c36feace926f8.jpg
    Westpac is trading at the lower end of its 10 year trading history. Banks are cyclical, the time to avoid in my opinion (or sell) is when they are trading on cyclical highs.

    https://hotcopper.com.au/data/attachments/5807/5807704-357959ece2d2072fb0ece2c10c515eaa.jpg
    Market is forecasting roughly stable earnings, and those earnings are not 'expensive' given current share prices.

    https://hotcopper.com.au/data/attachments/5807/5807713-a608df8e84f664547d36c6e91bcaa826.jpg
    https://hotcopper.com.au/data/attachments/5807/5807714-908c0739caf341bf149bbd3c4be379e0.jpg

    Dividend pay out ratios are more conservative than in times gone by.

    Overall reasonable value and happy to hold my position and just wait and see.
    Definitely not selling

    If share price drops, I can use this opportunity to top up given I only have a single position (1% of the portfolio)
 
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Last
$26.42
Change
0.390(1.50%)
Mkt cap ! $91.76B
Open High Low Value Volume
$26.16 $26.47 $26.13 $147.7M 5.647M

Buyers (Bids)

No. Vol. Price($)
1 30 $26.39
 

Sellers (Offers)

Price($) Vol. No.
$26.43 3000 1
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
$26.47
  Change
0.390 ( 1.72 %)
Open High Low Volume
$26.20 $26.47 $26.14 1219996
Last updated 15.59pm 03/05/2024 ?
WBC (ASX) Chart
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