The recommendations of the final report by the Royal Commission into Financial Services were far more benign than the market feared. And that’s seen an immediate bounce in bank share prices. Can shareholders now relax? Show More
big four
It’s always a relief to wake up from a nightmare and while we believe that the nightmare for property investors may have only just begun, there may be relief, or even a silver lining, in the form of lower bank share prices. Show More
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Since peaking in March 2015, the share prices of our major banks have been plummeting. I fear there is more bad news ahead with the markets beginning to catch up with factors that will limit the banks’ ability to grow their mortgage books as quickly as they have in recent... Show More
The market is thirsty for yield and it's definitely there to be exposed. In this analyst opinion piece we look at the themes coming out of reporting season thus far and the likely implications for the remainder of the companies reporting their results. http://www.clime.com.au/investing-report-archive/reporting-season-whats-hot/ Show More
At the recent International Rugby World Cup held in England the host nation failed to progress to the finals. Australia performed better but couldn’t knock off its arch nemesis, New Zealand, in the final. There is one arena where the Brits may outperform the Aussies over the next five years,... Show More
A banking wrap following last week’s reporting and the RBA cutting the official cash rate to 2.0%. WBC had a soft 1H15 result, with cash earnings of $3.778b around 2% below consensus. We downgraded our forecasts by 1.5%, 3%, and 4% for 2015-2017 and lowered our Price Target from $35.10... Show More
A caution on the banks. The big four banks account for more than a quarter of the total value of the sharemarket is living proof that they're widely loved by Australian investors. But at existing price levels, and taking into consideration what could be perceived as a heightened risk environment... Show More
Why we're liking CBA, but waiting for a dip to buy. Commonwealth Bank is a play on household and business conditions in Australia. Given that, we like the signs coming out of the bank after its results, including a relatively upbeat outlook, positive signs for credit growth, cost control and... Show More