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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Thursday 28th March – ASX200 +80pts, All Time High, Retail Sales
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Performance for February & 4 stocks we like here and now
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Thursday 28th March – DOW up +477pts, SPI up +60pts
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MM is bullish BOQ ~$8.00
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