SUN suncorp group limited

Ann: Suncorp New Operating Model and Business Update, page-4

  1. 41,787 Posts.
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    Not really, 4.11% down, due to Suncorp staying with a Brisbane HQ strategy, changing the people to being based Sydney based is what the market requires IMHO.

    The longer, Suncorp plays the game out of Sydney, the longer they will be left behind.

    Some of the dead wood is being removed, but there is a lot more dead wood in Brisbane that needs culling to a Sydney based workforce.

    The longer, Suncorp stays out of Sydney, the longer in insurance terms that Suncorp is camping out, same as its SP which has been camping out for some time.

    Paying bananas gets banana eaters, the business needs to consider paying humans for doing a humans work, if they want an effective Human Resources and an effective business model IMHO but pls DYODD.

    No Sydney, no share price power.
    Last edited by JCoure: 01/07/20
 
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