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
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Last
$5.93 |
Change
-0.020(0.34%) |
Mkt cap ! $3.922B |
Open | High | Low | Value | Volume |
$5.93 | $6.01 | $5.92 | $15.31M | 2.570M |
Buyers (Bids)
No. | Vol. | Price($) |
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4 | 20913 | $5.93 |
Sellers (Offers)
Price($) | Vol. | No. |
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$5.95 | 9635 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 9663 | 5.930 |
5 | 51767 | 5.920 |
5 | 26271 | 5.910 |
5 | 30931 | 5.900 |
2 | 13879 | 5.890 |
Price($) | Vol. | No. |
---|---|---|
5.950 | 900 | 1 |
5.970 | 16220 | 4 |
5.980 | 14870 | 4 |
5.990 | 5000 | 1 |
6.000 | 42140 | 12 |
Last trade - 16.10pm 04/06/2024 (20 minute delay) ? |
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Last
$5.95 |
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Change
-0.020 ( 0.07 %) |
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Open | High | Low | Volume | ||
$5.95 | $6.01 | $5.92 | 494463 | ||
Last updated 15.59pm 04/06/2024 ? |
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