The market disagrees with your facts.

First 152 Last

Share
Profile

Follow
patrick2

1,039 Posts.

132

15/10/24

18:22

Post #: 76134681
Share

Originally posted by JUSTBOB: ↑

The fact is that CBA is no longer a good stock to own as the yield on the current price is too low. As for buying it now, you would need psychic help as there is little to gain & far better prospects elsewhere.

Being able to lock in your profits & move on to other investments seems a good outcome.

The shares have risen nearly 172% in the last 4 & a half years to a point where they are no longer worthwhile keeping for the dividend & the significant chance of a major correction.

What, from now, is the upside potential? Do you really believe the yield will go under 3%? At 3% the price would be $155.00. A 4% yield would mean a share price of $116.25. Conversely, 3.5% yield gives a share price of $132.86. The latter would seem to be more realistic in the current circumstances, but a total market correction would bring it down even further.

Why then would you want to buy at close to $140 when a more realistic price is under $133.00?

Expand

The market disagrees with your facts.

CBA Price at posting: $139.29 Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

Reply

Top Stories

SGQ

Traders watch with interest as St George Mining reveals REE hit

MHK

Metal Hawk shares sink -50% as gold drill results disappoint

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

ASX Market Open: Local bourse tipped to trade red after same on S&P500

WC8

Investors shrug as Wildcat's latest lithium drill hits fail to excite

First 152 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $176.49		Change -0.500(0.28%)		Mkt cap ! $296.1B

Open	High	Low	Value	Volume
$177.11	$177.60	$176.11	$39.71M	224.2K

Buyers (Bids)

No.	Vol.	Price($)
1	1	$176.48

Sellers (Offers)

Price($)	Vol.	No.
$176.52	25	1

View Market Depth

No.	Vol.	Price($)
3	31	176.930
2	32	176.920
1	20	176.890
2	94	176.880
1	50	176.870

Price($)	Vol.	No.
176.960	25	1
176.970	50	3
176.980	38	2
176.990	61	3
177.000	93	3

Last trade - 10.52am 31/07/2025 (20 minute delay)

CBA (ASX) Chart

The market disagrees with your facts.

Traders watch with interest as St George Mining reveals REE hit

Metal Hawk shares sink -50% as gold drill results disappoint

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

ASX Market Open: Local bourse tipped to trade red after same on S&P500

Investors shrug as Wildcat's latest lithium drill hits fail to excite

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

The market disagrees with your facts.

Top Stories

Traders watch with interest as St George Mining reveals REE hit

Metal Hawk shares sink -50% as gold drill results disappoint

ASX Market Close: Index rebounds as investors buoyant | July 30, 2025

ASX Market Open: Local bourse tipped to trade red after same on S&P500

Investors shrug as Wildcat's latest lithium drill hits fail to excite

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News