Valuations are too high in a slowing economy.
CBA 23 p/e 3% yield is crazy expensive.
15 p/e 5% yld is more appropriate.
Indices 05/08, page-30
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Last
8,285.2 |
Change
61.200(0.74%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 8,224.0 | 8,285.2 | 8,224.0 |
| XJO (ASX) Chart |