People are overdrawn and can't access funds due to a tech issue. Why do I get the feeling deposits into accounts were not duplicated?
And people think CBA can perfect technology to streamline its core business operations to generate higher margins and unprecedented profit growth?
Being better than the other aussie banks doesn't make you elite. Yet the fever around CBA's apparent next level technology evidently makes them worthy of a price multiple comparable to a growth tech stock. $CommBank (CBA.AU)$
And people think CBA can perfect technology to streamline its core business operations to generate higher margins and unprecedented profit growth?
Being better than the other aussie banks doesn't make you elite. Yet the fever around CBA's apparent next level technology evidently makes them worthy of a price multiple comparable to a growth tech stock. $CommBank (CBA.AU)$
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ArtieZiffsCat
liked and commented on
Labor is preparing to outlaw debit card surcharges in a broad crackdown on consumer fees as the Albanese government attempts to ease financial pressures on families in the lead up to a federal election next year.
source: Labor to ban debit card payment surcharges by the end of next year
I just wanna say, the sooner the better!!!![]()
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source: Labor to ban debit card payment surcharges by the end of next year
I just wanna say, the sooner the better!!!
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So many greedy people were first asking for $40 and then when it finally got to $40 they were too scared to buy, Even down to $38s.
Then they started saying $30 and under LOL
Sooooo greedy and missed out completely. Almost touched $46 today and this is after going ex-div too
Love $BHP Group Ltd (BHP.AU)$
Then they started saying $30 and under LOL
Sooooo greedy and missed out completely. Almost touched $46 today and this is after going ex-div too
Love $BHP Group Ltd (BHP.AU)$
When a business is growing and weathering the ups and downs of the macro environment, natural market capitilisation growth will follow over time.
if the financial sector in the US and AUS remain healthy with no 'major shock events' it will steadily grow along with the sector average and move with the Index. currently CBA is a major holding 41% of the ASX financial sector.
In other words, only if you have fatter wallets than the Super Funds that require Aussie financial allocation, then you are ...
if the financial sector in the US and AUS remain healthy with no 'major shock events' it will steadily grow along with the sector average and move with the Index. currently CBA is a major holding 41% of the ASX financial sector.
In other words, only if you have fatter wallets than the Super Funds that require Aussie financial allocation, then you are ...
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ArtieZiffsCat
commented on
Happy Friday, Aussies!
As you can see from my past posts, I'm considering using a recent windfall to clear both my and my partner's student loans. After that, our next goal is to buy a house in Melbourne.
In reality, if we proceed with this plan, we'll need to take out a mortgage for the house. Our financial situation is fairly not-bad, I believe, especially when compared to our peers in uni. However, there's always ...
As you can see from my past posts, I'm considering using a recent windfall to clear both my and my partner's student loans. After that, our next goal is to buy a house in Melbourne.
In reality, if we proceed with this plan, we'll need to take out a mortgage for the house. Our financial situation is fairly not-bad, I believe, especially when compared to our peers in uni. However, there's always ...
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Is this country that starved of a company like Amazon or Apple, or an up and comer like Nvidia, that people just pile into a bank on the basis of its 'technology' and 'AI', which means its actually a growth company rather than a giant mortgage processing factory?
I heard the technology story form the DMP merchants when DMP was trading on a 70 multiple, they said its 'not a pizza shop, its a tech company', because you can download an app and it shows the live location of the guy delivering your p...
I heard the technology story form the DMP merchants when DMP was trading on a 70 multiple, they said its 'not a pizza shop, its a tech company', because you can download an app and it shows the live location of the guy delivering your p...
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In the CBA chart, why then are there 5 waves with 5 clear individual waves in wave 3?
Why is the 3rd wave in both the larger & minor degree waves the largest impulse wave?
Why did the larger degree 4th wave correct the 3rd wave by exactly Fibonacci 61.8%?
Why is the fifth wave going to conclude tomorrow at approximately 50% of the total of the 5 waves?
There is divergence on the indicators that should warn you that a reversal is imminent.
The clues are there for all to see. You just have to know...
Why is the 3rd wave in both the larger & minor degree waves the largest impulse wave?
Why did the larger degree 4th wave correct the 3rd wave by exactly Fibonacci 61.8%?
Why is the fifth wave going to conclude tomorrow at approximately 50% of the total of the 5 waves?
There is divergence on the indicators that should warn you that a reversal is imminent.
The clues are there for all to see. You just have to know...
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Any hawkish signs from the RBA are likely to further batter Australian stocks, with regional markets already nursing steep losses from a broader risk-off sentiment.
The ASX 200 fell sharply in recent sessions after hitting record highs as recently as last week.
High-for-longer interest rates bode poorly for most Australian businesses, especially given that they are already grappling with weak overseas demand.
Australian bank stocks, however, may ...
The ASX 200 fell sharply in recent sessions after hitting record highs as recently as last week.
High-for-longer interest rates bode poorly for most Australian businesses, especially given that they are already grappling with weak overseas demand.
Australian bank stocks, however, may ...
You will never go wrong with the largest diversified mining house in the world.
It is the biggest in the world for a very good reason. They are ruthless and politically connected like all the other major trading houses. $BHP Group Ltd (BHP.AU)$
It is the biggest in the world for a very good reason. They are ruthless and politically connected like all the other major trading houses. $BHP Group Ltd (BHP.AU)$
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