Hi Kingy,
Can you please share your formula for working out the value of a bank share? I've tried to calculate the value banking shares in the past but I couldn't get enough data to provide me with an accurate intrinsic value.
Kingy said -
"right there was the investment opportunity of a lifetime--
wbc--14
cba--20
and here we are on an investment website and posters critisize the strongest real estate market in the world
to me its just plain stupid"
You obviously know how to find the intrinsic value of a bank stock with a comment like that. Maybe you could explain to someone that is just plain stupid like me how you calculate the vale of CBA or WBC?
good news, page-26
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