FIG 0.00% 2.0¢ freedom insurance group ltd

Loss of trust reflected in the share price, page-63

  1. 1,245 Posts.
    lightbulb Created with Sketch. 25
    Right...
    A little less enthusiastic after listening to the Q&A session.
    I am afraid management were not able to be more confident in terms of two major issues
    1 Cost control
    2 ASIC investigations of the Direct insurance industry and subsequent regulatory risk.
    This second one is a biggish concern.

    Management additionally speak of sales momentum returning to normal, without being more specific (understandably). Makes predictions about 2H18 murky.

    I need to account for the above in any further purchases.
 
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