Fats.....need inside info

No Politics.
Post Reply
User avatar
callmeslick
Posts: 16473
Joined: Wed Jul 29, 2009 9:02 pm
Location: Fearing and loathing in Delaware and Virginia.

Fats.....need inside info

Post by callmeslick »

is Commonwealth Bank(Australia) on the verge of some big windfall or something? For some reason, the folks managing one of my investment accounts just dumped like $10,000 worth of German investment bank stock to help purchase about $17,000 worth of Commonwealth stock. The fund involved is aimed toward growth with dividend income, so I was wondering if great things are happening to banking down Under?
Pudfark wrote: Mon May 29, 2017 11:15 am I live in Texas....you live in America.
User avatar
Reservoir_Dog
Posts: 8858
Joined: Sat Aug 01, 2009 3:46 pm
Location: Kicking and a' gouging in the mud and the blood and the beer.

Re: Fats.....need inside info

Post by Reservoir_Dog »

It's the Illuminati.
fatman
Posts: 4677
Joined: Thu Jul 30, 2009 4:40 am

Re: Fats.....need inside info

Post by fatman »

No idea bud a month or so ago there was talk of a class action due to money laundering and maybe fed action, but i would think its pretty safe they have like never failed to not make money that i recall last profit report was like 9 billion
User avatar
callmeslick
Posts: 16473
Joined: Wed Jul 29, 2009 9:02 pm
Location: Fearing and loathing in Delaware and Virginia.

Re: Fats.....need inside info

Post by callmeslick »

probably some dividend distribution coming up.
Pudfark wrote: Mon May 29, 2017 11:15 am I live in Texas....you live in America.
fatman
Posts: 4677
Joined: Thu Jul 30, 2009 4:40 am

Re: Fats.....need inside info

Post by fatman »

callmeslick wrote: Wed Nov 22, 2017 9:05 am probably some dividend distribution coming up.
Well if i recall right they pay out 70%
fatman
Posts: 4677
Joined: Thu Jul 30, 2009 4:40 am

Re: Fats.....need inside info

Post by fatman »

And it looks like the royal commission is a go just spit balling here but they will likely take a hit but more than likely bounce back, also housing is starting to take a bit of a dive and thats their big money maker so make of that what you will
Post Reply