i don't know much about it. I just read:
* Recently, on 2 August, we completed the sale of our global asset management business, Colonial First State Global Asset Management, for $4.2 billion
* a post-tax gain on sale of approximately $1.5 billion, which means tax payable of $0.64 billion, which means net sale cash amount of $3.56 billion
* CFSGAM’s unaudited pro forma FY19 net profit after tax of $218 million, which seems to mean $218 million less profit for next year
* The transaction is expected to deliver an increase of approximately $3.1 billion of Common Equity Tier 1 (CET1) capital, which seems to mean only $0.46 billion left over for buyback or special dividend
* since CBA targets 75% payout ratio for dividends, its seems the dividends were overpaid this year by $1.3 billion
as i said, i don't know much about CBA. maybe someone can correct any wrong assumptions/conclusions i made
regards
- Forums
- ASX - By Stock
- CBA
- Is shorting this a no brainer?
Is shorting this a no brainer?, page-1536
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CBA (ASX) to my watchlist
(20min delay)
|
|||||
Last
$143.85 |
Change
-0.500(0.35%) |
Mkt cap ! $240.7B |
Open | High | Low | Value | Volume |
$144.35 | $144.40 | $142.80 | $167.4M | 1.165M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1700 | $143.71 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$143.85 | 2330 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1700 | 143.710 |
1 | 2 | 143.570 |
1 | 190 | 143.500 |
1 | 2206 | 143.460 |
1 | 39 | 143.330 |
Price($) | Vol. | No. |
---|---|---|
143.850 | 1330 | 2 |
143.880 | 763 | 1 |
143.900 | 630 | 1 |
143.910 | 871 | 1 |
143.950 | 1963 | 1 |
Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
Featured News
CBA (ASX) Chart |