Bank of QLD (BOQ) provided a trading update at their AGM at the start of this month confirming strong growth in Q1 of this financial year. While they are grappling with some margin pressure, which is the case right across the sector, reconfirmation of guidance plus a fully franked yield above 5% remains attractive for income focussed investors.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM is bullish BOQ ~$8.00
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Performance update for March, stocks that drove returns & our current positioning
Recorded Tuesday 9th April
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
Recorded Monday 25th March
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