ANZ.NZX - Anyone holding?

[Snow Leopard]

If you had not poo-poo'ed my suggestion that those KPMG type metrics were more useful than the those you were dreaming up then I would have been willing to enlighten you by suggesting that you look at Note 7 on Page 46 of the UDC Finance Limited Prospectus of 17-Dec-15 [UDC Secured Investments No69].

But you did so I am not.

And if you are still none the wiser then I suggest you give up on the financial analysis completely and just stick with the Ice Hockey.



Best Wishes
Paper Tiger

[Snoopy]

If you had not poo-poo'ed my suggestion that those KPMG type metrics were more useful than the those you were dreaming up then I would have been willing to enlighten you by suggesting that you look at Note 7 on Page 46 of the UDC Finance Limited Prospectus of 17-Dec-15 [UDC Secured Investments No69].

PT I am not trying to design something 'better' than KPMG. I am sure the KPMG ratios capture very well what they are trying to measure. I have designed a slightly different ratio becasue I am measuring something different. I am looking a a level of loans less troublesome than impaired that for which I have coined the term 'stressed loans'. AFAIK KPMG do not deal with 'stressed loans'.

SNOOPY

[Bobdn]

Good time to own banks if those banks are ANZ, WBC CBA and NAB. All other banks, not so much it seems.

[huxley]

Good time to own banks if those banks are ANZ, WBC CBA and NAB. All other banks, not so much it seems.

ANZ results out 2nd of November.. what are we thinking? Another 80cent AUD dividend?

Mine just sit in the DRP

[Bobdn]

yes, I think 80 cents. I'm in the DRP as well so not terribly happy about ANZ's 20% increase over the last six months

[Snow Leopard]

Good time to own banks if those banks are ANZ, WBC CBA and NAB. All other banks, not so much it seems.

I am with you 100% on that except for CBA, NAB & WBC.

Oh, & BEN & BOQ

Best Wishes
Paper Tiger

[Bobdn]

Wow, tetchy. I take it you don't own any ANZ?

[Snow Leopard]

ANZ is one of my Oz bankers and ANZ is one of my Kiwi bankers.

The Australian Fund for Older Tigers had some BEN, think it had some ANZ when it was younger as well. Wish it still had the BEN.

I was disputing whether holding or buying, NAB and especially CBA & WBC is currently a good idea.

Best Wishes
Paper Tiger

[Bobdn]

Ah, got it

[BlackPeter]

If you happen to be that day in Christchurch and want to hear Tony Carter (board member of ANZ NZ) speaking - here is your opportunity: http://www.sharetrader.co.nz/showthr...l=1#post639524