IFL 0.45% $2.19 insignia financial ltd

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    As shorters tend to aim at an event, I'm trying to think what else I might be missing. (Unless the shorts are a proxy for the general market)

    I think the chance of a successful class action or a new class action has significantly decreased since the APRA ruling. I doubt APRA will appeal.
    The provisioning may still be light.
    I can't see bad news in terms of the P&I transaction. that looks more like a win win for IOOF.
    Clearly margins are under pressure, but I don't see that as an event. With the markets strength the DH19 result shouldn't be particularly weak.

    Anyone else see any other submerged icebergs?
    Last edited by Just_a_guy: 02/10/19
 
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