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CBA - COMMONWEALTH BANK OF AUSTRALIA.


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  • 4 weeks later...
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  • 2 weeks later...

Familiarity breeds contempt, along with a sudden decline in value over the last 3-4 months. There are more reliable trading stocks than the banks for day-to-day income opportunities as well as more exciting.

 

jarm

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You often see the heads of smaller groups outperforming head office. They are not buried under bureaucratic procedures to the same extent and can see the perspective. I think of the CBA management more in terms of a large public service organisation. Progress is almost anathema due to organisational inertia. I'll probably feel better tomorrow!

 

jarm

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Surprisingly strong result from the CBA. Wonder whether the others banks do as well, particularly ANZ? Share price looks like it will sustainably increase perhaps 5% especially as the large sum spent on advertising was claimed in full.

 

jarm

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