After reading the Results Presentation I can only dream of a 9 dollar price as that will bring the yield to 8 plus percent fully franked and I will be buying more. This bank has a delivered constant returns over many years and I can't see any significant negative changes being alluded to in the report. The technology improvements mentioned above as a negative looks like they are well afforded. I am thinking the market will come to its senses when the real money dividends are flowing into holders accounts. Bring on the cash.
BOQ Price at posting:
$10.58 Sentiment: Buy Disclosure: Held