You and the majority of analyst that's covered CBA have said the same thing. For a very long time now too; around 6 years give or take. It is the usual seductive story that CBA is overvalued because of XYZ blah blah blah. My views on CBA have been posted here
Post #:53079903 11/05/21 and
Post #:77839377 13/02/25. Have really not changed in years. Read it believe it... or not. Doesn't matter to me. I'm done arguing on the CBA boards.
I have a distilled version from CM here...
Word to the wise. If you find yourself wrong and for a very long time; maybe it is time to check your premise. It is hard to argue with more than half a decade of CBA price action.
How these analyst keep producing material like these and keep a straight face is beyond me. Read what these quacks have said years ago. I have saved many for posterity. They re pretty much saying the same tired old story today. Given time and like a broken clock they can be right, eventually. But then again that is no longer analysis that is just dumb luck.
I've always liked Charlie's perspectives on this issue....
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