to Naira re "Comsec AEGIS report have a buy on them but CBA is...

to Naira re "Comsec AEGIS report have a buy on them but CBA is selling them down? I wonder if these are separate entity but I would have thought CBA owns comsec so would follow the recommendation. I have heard of brokers recommending a buy so that they can sell their shares. I surely hope this is not the case. Last time I saw comsec did that was with ABS and then the next week CBA was selling."

I think you will find that AEGIS is independent and not owned by Commsec. Commonwealth Bank were selling out on behalf of a number of interests (note the announcement).

I can guarantee its not them telling you to buy then selling out- the sales team probably wouldn't even read Aegis research (they have their own team of analysts).

As for SIP- now hitting 30 month lows. Waiting for CBA clowns to exit then lets see it rebound.