CBA 2024 dividend per share annual, $4.65. Current share price $159.03 If you are an investor you are paying 34.2 times the div return with substanstial risk. Should you choose to put the $159.03 into a 5% term deposit with zero risk your return will be $7.95 being nearly double the return with zero risk. Just saying...Speculation is not investing be careful. Stay safe and Happy trading :)
CBA FYI Earnings per share have been declining since Dec 2022 which was an impressive $3.04 per share.Since then the revenue has not kept up with CPI. Share price was trading at $94 at that time. Today the eps is $2.776 after the crazy inflation we have just endured mind you where the dollar is worth less.... share price a whopping $159.03. If you are happy to pay more (practically double) for less earnings by all means do so however its a massive risk and Im tipping in the coming months you'll end up regretting the decision and holding the bag. Doubt you will see your money back for ten or so years. Wish you all the best and happy trading:)
CBA The trajectory of the CBA is insane, the question I ask myself is it worth the money? The overall volume on CBA has been declining since feb 08, Check it out for yourself on a weekly chart. The prices today are base on low volume which raises some big questions as the earnings dont support? Their target is $169.71 for me I will be selling into it until im out. Good luck traders.
CBA If your looking to catch me out with a stop loss its not going to happen, a) dont believe in them, b) dont need them, c) I do own a lot of CBA so will sell sell sell all through the "santa" rally lol :) Xmas has come early. Push push push its all good :) Happy selling
CBA 2024 dividend per share annual, $4.65. Current share price $159.03 If you are an investor you are paying 34.2 times the div return with substanstial risk. Should you choose to put the $159.03 into a 5% term deposit with zero risk your return will be $7.95 being nearly double the return with zero risk. Just saying...Speculation is not investing be careful. Stay safe and Happy trading :)
