BOQ 1.17% $6.07 bank of queensland limited.

why is this stock go down, page-10

  1. 1,667 Posts.
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    exactly, and BOQ only made $4m profit in the last 6 months with fixed mortgages coming to an end and we still have at least one more interest rate rise to go. with house prices now stable and slowly on the rise again and we're heading into the worst part of the year for the Aussie sharemarket I can understand why it's being hammered.

    I ask myself this morning. Do I really want to invest in a regional bank heading into May when the high dividend is not covered by their earnings? The answer was a flat NO. I'll wait until sometime after the ex date to get the real BOQ share price low. $5.40ps is my target although 4.50 was the low during the pandemic when interest rates were near 0. we need to see interest rates retreat before banks become bullish.
 
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