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CBA CommBank

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  • 143.140
  • -1.210-0.84%
20min DelayTrading Nov 5 13:50 AET
239.34BMarket Cap25.66P/E (Static)

CommBank Stock Forum

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    This is the biggest week for financial markets in 2024. The tone is a cautious but optimistic one. We’ve got the three, Es: the US Election, more company Earnings, and Economic data. Plus, the Fed’s expected interest rate cut, as well as the Bank of England’s. Meanwhile, the RBA meets and is expected to hold rates, and China’s top legislative body meets as we...
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    $CommBank (CBA.AU)$ I wonder if cba will drop interest rates to cut revenue when the rba consider the inflation outcome?
    not likely, they are too greedy for that, but hey when they have to because the others are watch them fall.
    no better than our main supermarkets imo. Can’t wait to see them all take a pay cut.
    $CommBank (CBA.AU)$ The high was $145.24 on September 10 & I make it 36 trading days since a new high & that number will continue to increase. The fact that the price is not making new highs puts the reason for owning the stock back on the yield, which was 3.2% at the high, is not good enough.
    There's always corrections, sometimes a crash ie when covid smashed it but they make money and in general keep making more and increasing their dividends. Therefore new highs.
    Interest rate forecasts are the likely driver atm.
    Just remember, they've been making new all time highs since they listed at around $5.40.
    Probably overvalued right now but I'm not even considering selling. Likely never will. $CommBank (CBA.AU)$
    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. $CommBank (CBA.AU)$
    So true. Buffett said he lost nothing in the CGF because he never sold. The reverse rings true for those who fail to cash on in the price rise. You dont lock in the capital appreciation until you actually sell.
    It cannot be denied. CBA EPS has been static for 10 years. The EPS result 8 years ago is better than the most recent one.
    For whatever reason, there is an appetitive for investors to accept such low returns. The divided yield is lower than the rate of inflation. So in real terms, buyers a...
    The 25 times earning multiple is extreme. Yet it’s held this price for almost 3 months indicating a level of comfort for investors to hold at such a sky high valuation. I think this is significant as it would represent a major attitude shift in the countries investment community. For decades the general rule of thumb is around 15 times earnings is reasonable for a bank. Yet in the last year this sentiment has been binned in favour of a willingness to buy at a 25 times ea...
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    Looking for resistance on the chart in the current correction, I have calculated that $137.03 is the 38.2% rebound from what may very well be the 4th wave of A. I interpret the 3rd wave as being $145.00 to $132.10 ($12.90).
    If I am correct in the wave count to date then I would assume a 5th wave, which is often 38.2% of the entire 5 waves, is likely to end at $128.85.
    Projecting further, a five-wave sequence should confirm that it is the A wave of the correction. At this point in time, a B wave ...
    Looks like the price is getting away from me now. I haven't got them all back yet. That is my fault for selling some. If shorts can push this down to $135 I may be enticed to buy more
    Anyway I don't need fancy theoretical TA to tell me there is support around $132.20 and resistance at the $145. 24 all time high.
    RSI is on the up which should help clear 20 and 30 day EMA in this upswing. $CommBank (CBA.AU)$

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