Strong NZ performance from IAG bodes well for TWR. Key metrics for IAG NZ 1H14 vs pcp - Premiums +18%, Underwriting profit +130%, Insurance profit +75%. Seriously benefiting from premium hikes post Christchurch. Talking to NZ friends, the inflation in premiums has been +20%pa for the last couple of years and commentary from the insurance companies suggests this will continue for another 2-3 years.
Some basic broker numbers I have picked up:
IAG trades at PE 12x, Div yield 5.5%, Price/NTA 4x.
TWR trading at PE 11x, Div yield 7%, Price /NTA 1.6x.
Time for me to do some more work I think!!
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Last
$1.02 |
Change
-0.010(0.97%) |
Mkt cap ! $390.8M |
Open | High | Low | Value | Volume |
$1.03 | $1.03 | $1.02 | $2.254K | 2.206K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2633 | $1.02 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.03 | 2128 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2633 | 1.020 |
1 | 1967 | 1.015 |
1 | 35600 | 1.010 |
1 | 10000 | 0.960 |
1 | 30000 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
1.030 | 2128 | 2 |
1.035 | 2 | 1 |
1.040 | 2 | 1 |
1.045 | 1 | 1 |
1.055 | 1047 | 1 |
Last trade - 12.08pm 15/08/2024 (20 minute delay) ? |
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TWR (ASX) Chart |
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INFINI RESOURCES LIMITED
Charles Armstrong, CEO & Managing Director
Charles Armstrong
CEO & Managing Director
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