I'm a Suncorp holder primarily via Promina. It got me thinking the other day.
PMN was bought for $7.9B.
The banking business received an offer of around $3.5B last year.
The pre-Promina insurance holdings (e.g. GIO) and Wealth division have no recent reference point.
The current market cap of SUN is about $4.6B.
How would you break this up?
Ok old Promina, maybe $5B assuming a 35% over-payment.
Bank bit maybe $2.5B assuming a 28% over-offer.
Pre-Promina insurance, hand in the air $1B, same again for wealth.
What division is worth -$4B?
valuation scenario
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SUN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$18.23 |
Change
0.070(0.39%) |
Mkt cap ! $23.19B | |||
| Open | High | Low | Value | Volume |
| $18.31 | $18.36 | $18.12 | $28.25M | 1.550M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6990 | $18.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $18.25 | 108 | 1 |
View Market Depth
| Last trade - 16.10pm 21/10/2024 (20 minute delay) ? |
| SUN (ASX) Chart |