This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

WBC - Westpac Banking Corporation

Jump to new
you might be surprised , sometimes you need the damn computer because hanging on the phone waiting for a government employee ( and then the phone signal drops out )
 
divs4ever said:
you might be surprised , sometimes you need the damn computer because hanging on the phone waiting for a government employee ( and then the phone signal drops out )
Click to expand...
Probably has a farm hand or a close friend/relative to help with the internet stuff.

But good on WBC. How much would it cost???? Just from a PR exercise worth it.
 
WBC Westpac Banking Corp. One of the 4 pillars and a must have in any comp. SP is doing well, so happy days holding this thieving bank.
 
If anyone's interested in WBC's results today, have completed the full analysis already - report attached.
 

Attachments

  • WBC 1H25 May 2025.pdf
    246 KB · Views: 34
Westpac appoints Chief Data, Digital and AI Officer

i hold ( a trivial amount of ) WBC

hmmm more revolving door stuff
 

Attachments

  • file (29).pdf
    148.9 KB · Views: 41
WBC Westpac Banking Corporation. #rd pick for the 2025 Yearly Competition.
WBC's SP hasn't done much for the year.
Been up, then down and now finished about where it was at the start of the year.
Not one to make much on if trading, but definitely a hold for the Dividend that the thieving bank pays out.
 
WBC no 3 pick for the yearly comp. Thieving bank but WBC's SP is still on the rise and doing much better than last month.
 
WBC Thieving bank but a must have one of them in the competition.
SP is down a smidgeon but snakes and ladders with it's SP.
 
Couldn't help myself offloaded 1/4 @ $36.12 both Super and personal....
Still got 3/4


EDIT:

Probably another discussion but been a Sell for Ages. Listen to these C$%nts You'd have missed this.......
 
UMike said:
Couldn't help myself offloaded 1/4 @ $36.12 both Super and personal....
Still got 3/4


EDIT:
View attachment 206023
Probably another discussion but been a Sell for Ages. Listen to these C$%nts You'd have missed this.......
Click to expand...

only have the few i still retain because i sold ex-div. while still signed up to the DRP ( how embarrassing )

leaving unmarketable parcel currently

maybe the share price will go to $80+ each ( in my lifetime ) so i can offload them because accumulating them via the DRP currently is very slow work ( i sold them in June 2021 )

i thought Gail Kelly as CEO would change the culture there ( when she was ) but i was wrong
 

ETF Friday: A deep dive into our Core ETF Portfolio, and how it can be used - Market Matters

ETF Friday: A deep dive into our Core ETF Portfolio, and how it can be used Market Matters - ASX buy recommendations
marketmatters.com.au
"Westpac (WBC) $36.04 vs Commonwealth Bank (CBA) $167.21
It’s not often we see WBC outperform CBA by 10% in a week. Both companies updated the market to varying degrees, with CBA releasing very solid FY25 results, while WBC provided a quarterly update that was slightly stronger. CBA booked earnings growth of 4.3% for the year—a good outcome for such an economically sensitive business—while WBC’s quarterly showed earnings growth of 5.6%.

While WBC’s result was a touch stronger, the main driver of the 10% performance gap came from their respective starting points. CBA was trading on a PE of 29x, nearly 4x price-to-book, and a 2.7% dividend yield. Westpac, on the other hand, was on 16x, a price-to-book of 1.7x, and a yield of around 5%. CBA’s result suddenly forced investors to ask the question: Why am I paying 29x for so little growth?

Relativity in the market is an important concept. Buying a cheaper stock with higher growth generally makes a lot of sense.
MM remains neutral on CBA & bullish on WBC"

Held
Holding
 
WBC third pick for the Yearly Comp.
As much as I despise banks, thieving banks, one of these is a sure thing in the Comp.
Its SP has increased significantly from the start of the year, so long term holders should be rejoicing.
Happy to have WBC as one of my picks.
 
I have similar sentiments to @farmerge on banks, but took it in the comp as a defensive position more than anything else. But to my surprise it is up just shy of 20% for the year.
Contributing to me having 4 picks in the green.
Mick
 
You must log in or register to reply here.

Similar threads

Gold Bullion Australia (Sunshine Coast)
Replies
3
Views
2K
Garpal Gumnut
When will the Great Financial Ponzi end?
2 3 4
Replies
69
Views
8K
divs4ever
G
Superannuation : After Tax contributions
Replies
12
Views
2K
farmerge
AUST - BetaShares Managed Risk Australian Share Fund (managed fund)
Replies
2
Views
1K
divs4ever
M
WEF corrupts countries
Replies
6
Views
1K
SirRumpole
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...