yes in the past codan had great ROE'S etc, but there were also blips in the past. It appears the catch up rate by the competition is faster. Combined with the daniels purchase that did not generate the sales. Its a high tech company with history of a comfort zone mentality creeping in. Example would be the duabi office. Really are they selling to the middle east or Africa? Its nicer in the gulf its not Africa. The managers should occasionally watch Bloomberg business news in Africa shown daily . You really need to be in Africa nowadays to sell to Africa.
anyway lets see if they can do the 150 million t/o again to stablise
CDA Price at posting:
95.0¢ Sentiment: Hold Disclosure: Held
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