CBA does not have an equity stake in houses, they are bondholders over the assets, also not sure how increasing interest rates is a bad thing for banks, are they going to lower the interest rate spread they charge? CBA at $60 would be a very nice floor if we get there but that supposes 11 times earnings which is unlikely.
DMP was good between 40-45 but 32 times earnings is too expensive, it's a hold. Growth market? Maybe, but possibly saturated, at least in Oz. Earnings need to catch up, its getting close to a sell.
CBA does not have an equity stake in houses, they are...
Add DMP (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$32.60 |
Change
0.010(0.03%) |
Mkt cap ! $2.865B | |||
| Open | High | Low | Value | Volume |
| $32.56 | $32.66 | $32.28 | $5.633M | 173.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 704 | $32.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $32.61 | 305 | 1 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| DMP (ASX) Chart |
