Gavin Graham Australia & New Zealand Bank G ANZ-N BUY Nov 08, 2004

Like it a lot. Good exposure to Asia.

Gavin Graham

Owned

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$76.880

Stock price when the opinion was issued

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BUY

One of the top Australian banks. Expects that towards the latter half of this year and into 2008, it could be the happy recipient of some interest rate tail winds.

DON'T BUY

Has tended to avoid the Australian banks in general. Not much different from Canadian banks. A better way to play Asia is the DBS Bank in Singapore.

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Gavin Graham Australia & New Zealand Bank G ANZ-N BUY Nov 08, 2004

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