
The Group is an international financial services group that provides a comprehensive and integrated range of financial products and services.
The best Bull and Bear pitches based on recency and number of recommendations.
Because of declining loan loss provision within banking group as a whole I fell this will reverse. When it does a large percentage of earnings growth with go out the window. A few facts over the last couple of years is that major money center banks… More
Read the most recent pitches from players about NABZY.
Recs
It won't.
Recs
The United States and Great Britain have been the financial centers of the world in the past century due to our history of supporting free markets, a sound currency and property rights. Unfortunately, the current political reforms underway in the U.S. and U.K. (i.e. deficits over 10% of GDP, higher taxes on the rich, breakdown in rule of law) will drive the banking and finance business away from London and New York. Australia has the long history of support for free markets, private property rights and are making better decisions at this time. This would make Australia a likely home for the capital that will flee the U.S. and U.K. This should benefit NAB over the long term.
Recs
Australian banks represent great buying at present as share values have declined due to the US sub-prime lending crises. The banks in Australia and New Zealand are not heavily exposed to sub-prime mortgages and the NAB has made a 90% provision against its exposure. Furthermore Australian and New Zealand banks are much more regulated and are continuously monitored by their Reserve (Central) banks. Depositors do not have any form of deposit insurance although the Australian government is looking at a proposal to cover up to $20,000.
Finance ministers of both countries have recently announced that all banks are sound with strong balance sheets.
NAB’s half year financials can be seen at http://www.nabgroup.com/0,,93816,00.html
Find the members with the highest scoring picks in NABZY.
Recover22kplan (21.52) Score: +268.22
The Score Leader is the player with the highest score across all their picks in NABZY.
Top Pick |
Member Name |
Member Rating |
Start Date |
Call |
Time Frame |
Start Price |
Stock Gain |
Index Gain |
Score | Commentary |
---|---|---|---|---|---|---|---|---|---|---|
Recover22kplan | 21.52 |
|
![]() |
3M | $7.49 | +13.66% | +281.88% | +268.22 | 0 Comment | |
PaxtorReborn | 27.69 | 7/15/2010 |
![]() |
5Y | $6.17 | +37.87% | +289.65% | +251.78 | 0 Comment | |
grammatoncleric | 23.32 | 2/16/2008 |
![]() |
NS | $7.69 | +10.70% | +229.30% | +218.60 | 1 Comment | |
Westfall27 | 30.65 | 1/16/2007 |
![]() |
NS | $8.57 | -0.69% | +217.01% | +217.70 | 0 Comment | |
dukfat | 93.79 | 5/7/2007 |
![]() |
1Y | $9.94 | -14.42% | +199.27% | +213.69 | 0 Comment | |
RafaelCanadaRed | 93.10 | 5/7/2013 |
![]() |
5Y | $11.07 | -23.10% | +163.43% | +186.53 | 0 Comment | |
Arnold79 | 99.03 |
|
![]() |
5Y | $10.73 | -20.72% | +132.79% | +153.51 | 0 Comment | |
kevday | 98.22 | 9/10/2018 |
![]() |
5Y | $9.56 | -11.00% | +48.17% | +59.17 | 0 Comment | |
BogotaColombia | < 20 | 4/25/2016 |
![]() |
5Y | $8.68 | -1.98% | +105.08% | -107.06 | 0 Comment | |
thienlam | 85.46 | 11/17/2014 |
![]() |
5Y | $10.47 | -18.72% | +109.19% | -127.90 | 0 Comment |
See what the Wall Street professionals think, according to their public statements and filings.