BOQ 1.23% $6.99 bank of queensland limited.

Yes, I support & sort of understand most of ur post. In...

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    Yes, I support & sort of understand most of ur post. In anticipation of a LNP victory, I bought & then sold BOQ on the basis that BoQ is not a beneficiry of a win on Saturday as the macroeconomics overwhelms any post-election homebuying euphoria for BOQ & they generally mess up their lending & strategies & its SP is a choppy, muddy and difficult to understand feast of movement to understand let alone hold. Other better value plays for a LNP victory IMHO were DOW which might go up to $6.50 to $7 as DOW will be major beneficiary of a LNP win in QLD this weekend due to the Adani contract (ANZ is the banker on it). Other potential QLD LNP bounce recipients other than DOW: ORG, SXY & their main general insurer SUN IMHO but pls DYOR but I am not yet putting dosh into BoQ as I think above $12 could be all positive news priced in. I think under $12 is more reasonable & there is better value elsewhere. SXY's bank & ORG's main banker is ANZ, might put some money there but it is Asian exposure based so the QLD coys like DOW, SXY, ORG & SUN r LNP preferred.
    Last edited by JCoure: 29/01/15
 
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