Cba is still trading at a mega multiple of assets unlike the...

Cba is still trading at a mega multiple of assets unlike the rest of its peers locally and internationally

obviously people thing it’s cheap because of where it’s been - or looking at on screen yield which is vast on historical payouts - this is a very big risk

no evictions allowed for 6 months
Residential bonds are only one month
Commercial average 3
Business under pressure going to borrow at 4.5 percent I do t think so
Mortgage payments deferrals
Transaction fees slowing with business slowdown
People allowed to withdraw from super but main portfolios and index funds all have this as a cornerstone

it is what it is imo- it a bad time
For banks and defaults will
Come

good luck trading it but if it reverts to one times book at a min the equity price won’t be here