100% AGREE WITH YOU HERE.
In my opinion CBA is a screaming buy at these prices.
Three years ago the share price was above $96 what's changed?
The bank is now bigger ,more profitable, holding more cash and pay higher dividends.
Every regulation that come out of the royal commission will only raise the barriers to entry from competitors.
When the interest rates rise it creates more opportunity for profit because the banks are price setters.
Cash has been held back for fines and will be paid and covered by the middle of this year, imagine the profit and dividend if this was not held aside?
Currently you can buy CBA below $68 with a dividend return of over 6% fully franked! or 9% pre tax, this is a screaming buy!
100% AGREE WITH YOU HERE. In my opinion CBA is a screaming buy...
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Last
$119.00 |
Change
2.410(2.07%) |
Mkt cap ! $199.1B | |||
| Open | High | Low | Value | Volume |
| $117.57 | $119.00 | $116.89 | $310.0M | 2.623M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 911 | $118.83 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $119.00 | 3696 | 11 |
View Market Depth
| Last trade - 16.10pm 07/05/2024 (20 minute delay) ? |
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Last
$118.80 |
Change
2.410 ( 2.16 %) |
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| Open | High | Low | Volume | ||
| $117.54 | $118.88 | $116.90 | 276397 | ||
| Last updated 15.59pm 07/05/2024 ? | |||||
| CBA (ASX) Chart |