CBA commonwealth bank of australia.

0.18%

$182.53

CBA TA update, page-2546

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boomeronrations

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31/01/25

00:22

Post #: 77632920
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Originally posted by Exised: ↑

You were asking for a reason for the CBA price, I gave you some. I ignored the rational adjective as you should be smart enough to realise the market is prone to being irrational; to the upside and downside.

I own a few banks in the ASX portfolio, the US based portfolio has some too. I can't argue that WBC is not better value than CBA at this point in time. Is WBC a better company than CBA arguably not. Better investment than CBA, definitely not. The only bank in my portfolio that can hold a candle to CBA investment wise over the last 24 years is MQG. They are however not an apples to apples comparison. I own a lot of MQG second largest financial holding. Third is BAC.

I play the long game. Decades long in fact. I have no problem having time on my side and have 3 well diversified portfolios.
-An ASX centric which is an equal mix of financial, mining and agri/other.
-US mainly tech - AAPL, GOOG, MSFT and NFLX. No Nvidia or Tesla unfortunately but that is on me. Working on it slowly or they are on the smash and grab buy list next tech crash.
-Asia - Samsung, Toyota, Hokuetsu, Toyo Seikan Group. Sold out of my Asian miners a few years back to focus on Australians but Sumitomo, Zijin Mining and China Northern Re worth revisiting.

I have weathered 25 years in the market. That is a lot of market turmoil - LTCM (Long Term Capital Management) collapse. This is the scariest financial event IMHO but no-one ever talks about. Brought down more countries than the GFC. Tech/internet bubble, Asian financial crises, GFC, Covid etc I have been at the coalface of it all buying the opportunity. I'm under no illusion there are more to come. The only difference is this time around I have $3m on the sidelines for a shopping spree.

But silly me .. What you are really asking for is validation for selling CBA and buying other banks. You are not going to get it on HC. If you don't have your answer by now, time will tell.

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Shocking as it may seem Excised , I don't need validation.
My ego and bank balance is more than large enough already.
Yes , I think I have the answers to my questions.
There is no rational reason to hold CBA , unless you have tax problems with CGT .
But , silly me , you are just struggling to find a rational investment reason to explain why you continue to hold.
If you ever find one , feel free to share.

CBA Price at posting: $160.61 Sentiment: None Disclosure: Not Held
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(20min delay)
Last $182.53		Change -0.320(0.18%)		Mkt cap ! $305.4B

Open	High	Low	Value	Volume
$182.51	$183.00	$180.13	$1.091B	6.388M

Buyers (Bids)

No.	Vol.	Price($)
1	400	$182.50

Sellers (Offers)

Price($)	Vol.	No.
$182.55	3394	1

View Market Depth

No.	Vol.	Price($)
1	43	182.360
1	12	182.000
1	55	181.500
2	144	181.000
1	19	180.650

Price($)	Vol.	No.
182.610	72	1
182.680	24	1
182.800	1986	2
182.850	496	1
182.900	143	1

Last trade - 16.10pm 20/06/2025 (20 minute delay)

CBA (ASX) Chart

CBA TA update, page-2546

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Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

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CBA TA update, page-2546

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Listen: HotCopper Wire Podcast 014 – Abu Dhabi wants to buy our 'true' oil and gas gem

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Buyers (Bids)

Sellers (Offers)

Featured News