Mmm been a while since I've been on the $CommBank (CBA.AU)$ ...
Mmm been a while since I've been on the $CommBank (CBA.AU)$ threads.
This money making machine just keeps on performing for me.
What happened to the kook-box alarmists about:
- The housing market is a bubble, CBA too exposed
- The Royal commission will make it too hard for CBA
- ASTRAC going to fine CBA a zillion dollars for facilitating money laundering by international criminal gangs
Guess what, all of the above points have been huge positives for CBA!
- Housing market exposure has generated huge profits!
- Measures introduced following the Royal commission have cost CBA a bit if money, but they were being done anyway and these costs are harder on smaller competitors, means a bigger market share!
- CBA got a slap on the wrist, now criminals use Bitcoin, Government will ban Bitcoin, take out competition to traditional banking.
I bought many parcels at less than $68, I've been getting dividends and great share share appreciation.
This money making machine just keeps on performing for me.
What happened to the kook-box alarmists about:
- The housing market is a bubble, CBA too exposed
- The Royal commission will make it too hard for CBA
- ASTRAC going to fine CBA a zillion dollars for facilitating money laundering by international criminal gangs
Guess what, all of the above points have been huge positives for CBA!
- Housing market exposure has generated huge profits!
- Measures introduced following the Royal commission have cost CBA a bit if money, but they were being done anyway and these costs are harder on smaller competitors, means a bigger market share!
- CBA got a slap on the wrist, now criminals use Bitcoin, Government will ban Bitcoin, take out competition to traditional banking.
I bought many parcels at less than $68, I've been getting dividends and great share share appreciation.
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