MMs view on MOC & PPT
No CRYSTAL ball stuff but in your humble opinion are Perpetual and MORTGAGE choice oversold after today's results. Many Thanks, Warren
The Latest Q&A
Answer
Morning Warren,
1 – Perpetual (PPT) is in a sector that’s struggling at present even while stock markets advance hence we see no reason to chase PPT at present.
2 – Conversely MOC does look interesting on a risk / reward basis on an accumulation basis, it pays a great dividend that should become supportive sooner rather than later i.e. over 5% fully franked.
