Australian banks have a higher PE ratio, (share price divided by earnings per share), so it would seem unlikely that foreign banks would rush in to launch a dilutive takeover. -John Mulcahy

 

Australian banks have a higher PE ratio, (share price divided by earnings per share), so it would seem unlikely that foreign banks would rush in to launch a dilutive takeover.


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This quote is just one of 6 total John Mulcahy quotes in our collection. John Mulcahy is known for saying 'Australian banks have a higher PE ratio, (share price divided by earnings per share), so it would seem unlikely that foreign banks would rush in to launch a dilutive takeover.' as well as some of the following quotes.

Weather events are clearly unpredictable, but it is hoped that the 2004-05 experience, which was the worst storm period for the last nine years ... will not be repeated.

John Mulcahy

As we thought about it, we thought it was kind of a tough deal: now they have them, now they don't.

John Mulcahy

At a group level we expect a strong operating performance and growth in market shares from the majority of our business lines, however increases in underlying profit will be slower if the general insurance trading margin reverts to its long-term sustainable range and if loan losses increase from current historic lows.

John Mulcahy

But it's not going to be an aggressive rollout or anything like that - we'll be very cautious.

John Mulcahy