Search results

You are assuming i held the stock for the last 7 years. There are only two 'secrets' to long term portfolio development (easier said than done though), get the stock right and get the price right. I only started buying into NAB on a dollar cost average basis since 2008, with an average buy...

Yes it gets me very excited, because they are using the current uncertain times to acquire businesses at below intrinsic value. It also gets me excited because the new CEO is aware of mistakes of the past. I much prefer an acquisition that is earnings accreditive, than persuing future 'blue...

This situation will gradually unwind. The securitisation market is starting to work again, but again not on any levels that you have seen prior to 2008. Pre 2008 levels wont be back for another 10-20 years.

The current situation of extreme market dominance by the big 4 WONT CONTINUE into perpetuity. There will be a gradual normalicy of market competition, but it wont be anything like the period of 2003-2007. That period is over, at least for the next 10-20 years (enough time for the next...

Not if you are a NAB shareholder:D Whilst this is a relatively small, low risk and marginally accretive acquistion for NAB, it will, more importantly, boost NAB's mortgage market share upwards from its current 14.8%. The cost is a reduction in Tier 1 capital of about 15 basis points.