Banking shares

[PaulC]

Hi All, I love watching the banks after the MPC meetings. What I find curious time and time again is that nedbank always seems to underperform relative to the other big 4 while absa always seems to lead banking rallies. Are there fundamental reasons for this? - Paul C and no I dont invest in the banking sector :)

[john_1]

1 in 3 home loans are written by ABSA thet and FSR have been very agressive lenders, NED has been fixing internal problems so missed a lot of the risky credit lending that has been going on, less but less downside risk.

[barry_1]

All banks should flourish with no further increases,mind u i'm still a little hesitant with June legislation,although this has probably been factored into the present price.

[#4]

ASA & SBK will perform the best of the banks in my opinion. Nedbank is more diverse and has many corporate customers. Also on the charts ASA and SBK have(had) retraced almost to the 50% mark on the fibonacci scale after the recent move up. Stockastic is pretty oversold (not sure after todays movements) so im sure the banking sector is in for another run (esp ASA & SBK)

[#5]

ASA & SBK will perform the best of the banks in my opinion. Nedbank is more diverse and has many corporate customers. Also on the charts ASA and SBK have(had) retraced almost to the 50% mark on the fibonacci scale after the recent move up. Stockastic is pretty oversold (not sure after todays movements) so im sure the banking sector is in for another run (esp ASA & SBK)

[Asher]

I'm curious about NED too. I think it has some upside potential. Lets see...

[barry_1]

i see Ned is running a competition that gives one double your years earnings if one opens a new account,tempting but i some how don't think i stand a chance as they probably will go for the lower earners.i've been a Ned account holder as long as i can remember.