Company Report
Last edited 3 years ago
PerformanceCommunity EngagementCommunity Endorsement
Performance (71m)
0.2% pa
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#FY20 Results
stale
Added 3 years ago

BAP released their results this AM and they look very strong, continuing the momentum they've built, paricularly through the period of Covid.  This is a very well run company, expanding internationally as well as domestically and growing in every facit of the business, including its dividend. This is a very good and relatively safe company to have in your portfolio.  I am a current shareholder.

https://newswire.iguana2.com/af5f4d73c1a54a33/bap.asx/3A561390/BAP_H1_FY2021_Results_Announcement

#Bull Case
stale
Last edited 5 years ago

This straw has been flagged as stale, but nothing has changed my opinion.  The companies report was very strong in August and only solidifies the following thesis:  This is a fantastic defensive, longterm investment.  Having expanded it's footprint here and in New Zealand with good acquisitions, this well run company can only continue it's steady growth.  A company that wll allow good night sleeps.

Again, I'm refreshing this straw with nothing changing the thesis.  They have even moved into the SE Asian market, giving it more potential income.  There may be theething pains, but that's to be expected.  Solid long term investment.