01/07/2025 09:15

Looking in the rearview mirror & through the windscreen into FY26

Standing back and looking at FY25 hides a multitude of sins, or noise, as we often call it. However, ignoring the panic selling around “Liberation Day,” the polarisation on the stock and sector level has been remarkable. As we said, even with the index up 10% for the year, more than 35% of the main board closed lower.

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24/06/2025 09:28

Commonwealth Bank (CBA) $184.35

CBA keeps on marching as the “Certainty Trade” holds firm. Its hard to get excited on CBA when its looks so expensive on every metric one can consider until we take into account its operational execution and ongoing delivery for investors.

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05/06/2025 09:37

Commonwealth Bank (CBA) $181.10

It’s been covered extensively for almost a year how analysts believe Australia’s largest/premium bank is over-priced - the MM website shows of the 13 major brokers who cover CBA there are 1 Hold & 12 Sells- probably why being short CBA is often referred to as the “widow maker”  trade.

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20/05/2025 09:33

Commonwealth Bank (CBA) $171.36

CBA extended its 2025 advance by 1% on Monday, taking it up 12% year-to-date, while ANZ fell 1.7%, joining NAB and Westpac in negative territory for 2025. Australia’s largest bank continues to enjoy a “safety bid” from local and overseas investors with relative disregard to valuation, especially when compared to historical levels.

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20/05/2025 09:33

Commonwealth Bank (CBA) $171.36

CBA extended its 2025 advance by 1% on Monday, taking it up 12% year-to-date, while ANZ fell 1.7%, joining NAB and Westpac in negative territory for 2025. Australia’s largest bank continues to enjoy a “safety bid” from local and overseas investors with relative disregard to valuation, especially when compared to historical levels.

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14/05/2025 17:17

Commonwealth Bank (CBA) $165.50

CBA +0.82%: A solid 3Q25 trading update from CBA today with no surprises, other than confirmation that business lending has accelerated.

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13/05/2025 09:43

Commonwealth Bank (CBA) $167.18

CBA has been a huge beneficiary of the “safe” money pouring into the ASX, but it doesn’t matter how great a company is; it still has a fair valuation.

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01/05/2025 09:21

Commonwealth Bank (CBA) $166.60

CBA gapped up +87c in the “Match” yesterday as Arbitrage players scrambled to buy the ASX’s largest stock.

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24/04/2025 09:40

Perseus Mining Ltd (PRU) $3.29

PRU fell the most in 5 months on Wednesday, although its 8.4% move was better than many in the sector. In February, the miner delivered its 1H numbers which the market took in its stride.

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15/04/2025 09:37

Commonwealth Bank (CBA) $157.29

So little needs to be said about CBA, it’s a great bank, priced “richly” for a reason. It's undoubtedly expensive on all traditional metrics, but it has proven capable of adding value to a portfolio as both a defensive play and a relatively high beta stock when the market is on fire.

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