CBA 1.34% $131.66 commonwealth bank of australia.

I was talking in relative terms, based on the fact their cash...

  1. 618
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    I was talking in relative terms, based on the fact their cash basis eps went backwards 3% in the last 6 months, and was only +3% yoy. Also their ROE went down.

    Perhaps you should consider relative terms to their peers (except the window dressing numbers posted by SGB yesterday), as well as their counterparts in Europe and US.

    Judging by the market actions and volumes of late, it is the retail investors with ridiculous earnings expectations, and combination of fear and lack of rationality who are doing most of the stupid selling than instos.

    618
 
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