BOQ 0.34% $5.93 bank of queensland limited.

why is this stock go down, page-7

  1. 1,486 Posts.
    lightbulb Created with Sketch. 192
    Sometimes you have to think logically and refer back to the business fundamentals / valuation and also the sentiment and if the stock is justified to be included in that sentiment

    For me and BOQ
    - It is undervalued in almost every valuation metric (P/E, P/B, PEG, Yield)
    - Business model is still profitable, reducing EPS is due to costs being pushed to improving risk capabilities and digital transformation not due to business model being less profitable
    - Sentiment against regional banks is almost totally isolated to EU and US - BOQ's balance sheet is strong with 151% LCR and 10.71% CET1 with a diversified portfolio of resi lending in AU and a higher (i believe 80% of book as resi and remainder commercial/business)

    If of course you are a value investor then the above should be important to yourself and your investment thesis however if you are a trader then this stock may be a bit frustrating.

    Regards
    Last edited by Tren1: 28/04/23
 
watchlist Created with Sketch. Add BOQ (ASX) to my watchlist
(20min delay)
Last
$5.93
Change
-0.020(0.34%)
Mkt cap ! $3.922B
Open High Low Value Volume
$5.93 $6.01 $5.92 $15.31M 2.570M

Buyers (Bids)

No. Vol. Price($)
4 20913 $5.93
 

Sellers (Offers)

Price($) Vol. No.
$5.95 9635 3
View Market Depth
Last trade - 16.10pm 04/06/2024 (20 minute delay) ?
Last
$5.95
  Change
-0.020 ( 0.07 %)
Open High Low Volume
$5.95 $6.01 $5.92 494463
Last updated 15.59pm 04/06/2024 ?
BOQ (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.