CBA 1.62% $133.20 commonwealth bank of australia.

timing to go short, most here got it so wrong!, page-31

  1. 683 Posts.
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    AB

    agree with you totally, assuming continued profit growth and no major write-downs and additional provisions.

    however the australian macro outlook paints an exact opposing landscape, and given that CBA's business is focused towards the australian economy, i tend to take the view that the cracks have appeared and things will deteriorate.

    i guess that's what makes a market...you're buying, i'm selling!
 
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