CBA - Commonwealth Bank of Australia

[farmerge]

J P Morgan 1 of the Biggest banks in the world trading at 12.86 x Earnings

CBA....the Biggest here is Trading at 30.84 X earnings

I feel for people who go in at it's current price because i do believe at some point they will be hurt!!

Is this Happening because the super funds have nowhere else to put their money??

And for those that took up the share offer when it was peanuts, they are laughing all the way to the bank.

 

[Dona Ferentes]

$187.50

 

[qldfrog]

And for those that took up the share offer when it was peanuts, they are laughing all the way to the bank.

But do they go to the bank? Well not CBA i hope

 

[Sean K]

$187.50

$192.

MC now $320b.

pe must be over 30 now.

Stock of the century.

 

[qldfrog]

$192.

MC now $320b.

pe must be over 30 now.

Stock of the century.

I still have a few months on my short...

 

[Dona Ferentes]

Paul Keating's version of CBA’s privatisation

Keating: ‘CBA was flying on one wing when I became Treasurer’

The Commonwealth Bank’s record-breaking share price surge compelled Paul Keating to summon the Financial Review to his Sydney office for a history lesson.

www.afr.com

paywalled
.
.... and, amongst the angst of underweight fund managers & instos, more to inflame the divide....

 

[qldfrog]

Interesting maybe article on our new wonder stock

Why CBA is the most hated rally on the ASX

Explaining CBA's inexplicable surge and why it's the Steven Bradbury of the ASX.

www.livewiremarkets.com

 

[Dona Ferentes]

Interesting maybe article on our new wonder stock

Why CBA is the most hated rally on the ASX

Explaining CBA's inexplicable surge and why it's the Steven Bradbury of the ASX.

www.livewiremarkets.com

also, the "free float" is narrowed by early investors , and I'm thinking many in retail which is 47% of shareholders, see ^^ post #1066 and all that, sitting and holding.

 

[qldfrog]

also, the "free float" is narrowed by early investors , and I'm thinking many in retail which is 47% of shareholders, see ^^ post #1066 and all that, sitting and holding.

It is Australia's GameStop!!!
Nail the bastards, do not sell plus index funds, an infinite feedback loop..the sky is the limit..
And hardly joking , think about it : CBA SP jumps 10%, all asx index funds must increase their CBA shares by roughly 1.3%, SP up:
rince and repeat, plus add retail gamblers
If this was structurally sound, other banks would follow path and double PE.
But this is what it is, market is never wrong;
dumb, stupid or idiotic but never wrong.

 

[qldfrog]

Let me post something positive for CBA

https://www.commbank.com.au/articles/newsroom/2025/06/apate-ai.html

 

[qldfrog]

It is Australia's GameStop!!!
Nail the bastards, do not sell plus index funds, an infinite feedback loop..the sky is the limit..
And hardly joking , think about it : CBA SP jumps 10%, all asx index funds must increase their CBA shares by roughly 1.3%, SP up:
rince and repeat, plus add retail gamblers
If this was structurally sound, other banks would follow path and double PE.
But this is what it is, market is never wrong;
dumb, stupid or idiotic but never wrong.

Well i am all wrong it seems...

ETF Shares

ETF Shares is a low cost and innovative index ETF provider based entirely in Australia

www.etfshares.com.au

Not sure i agree with all the arguments, for exay no-one ever said that new money is required in etf to add to CBA, the index adjustment are often just rebalancing: off BHP ,other major index components to CBA.
But i thought ETFs were a bigger force.
Super funds might emulate ETF index mirroring and this is opaque yet enormous..
Always happy to be proven wrong, progress is made that way

 

[Dona Ferentes]

around $179

and a nuanced pile on as to why CBA is expensive. by John Abernathy

Trump's US dollar assault is fuelling CBA's rise

Australian-based investors have been perplexed by the steep rise in CBA's share price But it's becoming clear that US funds are buying into our largest bank as a hedge against potential QE and further falls in the US dollar.

www.firstlinks.com.au

. still holding after all these years

 

[Dona Ferentes]

the last 4 weeks has seen CBA settle at a lower elevated level, it would seem.

onward to next month's second half Report.

 

[Garpal Gumnut]

Every analyst says it is only worth what I sold it for, before it took off towards $200.

F. all the analysts, F. me. It's there at $180 and I can't see it coming down.

gg

 

[farmerge]

Every analyst says it is only worth what I sold it for, before it took off towards $200.

F. all the analysts, F. me. It's there at $180 and I can't see it coming down.

gg

@Garpal Gumnut The only analysts who are correct are the buyers who bought in and then sold at either a profit or great profit.
Of course those who bought in back in the eon ago and are still holding are maybe the smart ones, waiting for perhaps that magical $200 to hit.

 

[divs4ever]

the XJO filtered by current share price

is this irrational exuberance

after all if CBA is over-valued what about the more expensive stocks higher on the list

 

[Ferret]

Filtered by share price won't help determine if a share is overvalued.

Filtered by P/E might be useful.

 

[Rabbithop]

As far as I am concerned, it been a while now, nothing make senses since Trumpeter doing his concert.
Its us, the people power, we decide which stock we are going to put our money, regardless of what the gurus said in TA or FA.
It would be good if CBA can join the $200 club.

 

[qldfrog]

As far as I am concerned, it been a while now, nothing make senses since Trumpeter doing his concert.
Its us, the people power, we decide which stock we are going to put our money, regardless of what the gurus said in TA or FA.
It would be good if CBA can join the $200 club.

Or selfishly lands back to the $150 party ..i have a short there...

 

[rolly1]

Lets see how many peeps look at Fibonacci levels.