Exactly,... this one : why want subscribe the rights at 5.1 cents when the market price is only 4 cents... ? Lol,... I too do not understand the rationale of the Aussies here,... who would want to subscribe,... maybe it's the institutions,.. but again, the institutions would be thinking like retail investors too,...   

Are you selling off Tawana because you don't want to be involved with the SpinCo ?

Yeah,... this ASX,... lots of work, lots of monitoring,....          NO need to do other everyday work already,....

Yeah,... mine too,... pulled dpwn by the banks,....it's okay,...

Wondered what would be the fallout from this below,...

Australia and New Zealand Banking Group Ltd <ANZ.AX> said on Monday it would remove sales incentives for financial planning bonuses, in a move that comes amid intense scrutiny of Australia's financial sector.

The lender would also terminate the employment of financial planners who provide inappropriate advice, it said in a statement.

“We know it has taken too long for changes to occur, so where we see solutions we will act. That is why we are getting on with these initiatives now,” Chief Executive Shayne Elliott said in the statement.

ANZ also committed to completing compensation by the end of the year on about 9,000 current cases where inappropriate advice occurred.

image: https://content.thestar.com.my/smg/count/FC...ad/position=atf

image: https://content.thestar.com.my/smg/settag/n...t_Entertainment

The bank said last week that increased regulation and fierce competition would likely crimp revenue growth, as would more cautious lending practices after an inquiry into misconduct in the country's finance industry by the Royal Commission.

On Thursday, fellow Australian "Big 4" bank National Australia Bank said it was looking to exit part of its wealth management arm by 2019. - Reuters

NAB hari hari daily dropping
BOQ also drop daily...

why so severe? no end in sight?

Don't buy first,.... the Royal Comm matter is going to carry-on till Feb 1st., 2019,...when the final report is released. Then we will see again what the recommendations are.

Added : I queued some for BOQ at 10 ! To qualify for dividend come-September,...

you said you are not going add some more

instead of collecting individual banks.. hv u consider the banks etf?

https://www.vaneck.com.au/funds/mvb/Holdings/

what u think. i just stumble upon it.

I checked the returns :-

                        1 Mth 3 Mths 6 Mths    1 Yr 3 Yrs p.a.      5 Yrs p.a. 10 Yrs p.a.  Inception p.a.
Price return  1.16 -3.88 -7.82 -12.44 -3.54          --                --              1.06
Income return  0.00  0.00  2.64            5.01  5.07                  --                --              5.55
Total return  1.16 -3.88 -5.18  -7.43  1.53                  --                --              6.61

Don't you think if we buy the individual banks ourselves,... we can do better ?

Since incepton,... the total return at per year calculation is only at 6.61% ? And the 3 year return at per year calculation is only 1.53% ?

Did I read wrongly ?

I checked the returns :-

                        1 Mth 3 Mths 6 Mths    1 Yr 3 Yrs p.a.      5 Yrs p.a. 10 Yrs p.a.  Inception p.a.
Price return  1.16 -3.88 -7.82 -12.44 -3.54          --                --              1.06
Income return  0.00  0.00  2.64            5.01  5.07                  --                --              5.55
Total return  1.16 -3.88 -5.18  -7.43  1.53                  --                --              6.61

Don't you think if we buy the individual banks ourselves,... we can do better ?

Since incepton,... the total return at per year calculation is only at 6.61% ? And the 3 year return at per year calculation is only 1.53% ?

Did I read wrongly ?

of course buy individual better but need monitoring

etf is suppose to be basket of shares but got charges.
i hv yet to understand how etf work.

I am not sure if the price of ETF is base on Demand and Supply or
value of shares ...

Hehe,... ok,.. BOQ at $10 is worth it,...

lately I get dividend ard Aus500. I guess also worth it. I just want round up the units I have to thousand. will keep top up when have chance.

Thanks.

etf charges are supposed to be low, for junior investors to participate in the exchange.

Looking back at the performance table earlier, the three-year performance at a total of 1.53% for every year in the past three years is really bad. If, say, we buy just BOQ, MYS and NAB three years ago, we would have beaten this performance easily with just the dividend payout alone.

How about US Shares held in Stanchart - must call them too to take any divvy payout in Cash ?

do u call STD CHART everytime u get the div to opt for payout in cash or is auto PAY IN CASH?

BOQ dividend . declared 38 cents.. i get 38 cents.

no deductions....

The dividend is declared as fully franked dividend. So the amount is net already

http://dividends.com.au/dividend-history/?enter_code=BOQ

If you look at the details,

Net dividend = $0.38
Franking credit = $0.16286
Gross dividend = $0.54286

So, as a non-tax resident, you cannot claim the franking credit of $0.16286

Based on the closing price of $10.08, the dividend yield net of tax is still 7.5%. Very good !