Market didn’t like the profit downgrade, which the company put down largely to Covid uncertainty. The narrowing profit margin, caused by lower interest rate spreads on annuity products was also not well received. But the increase in FUM and the increased sales potential that comes with the acquisition of the bank license seems to have been overlooked. IMO the stock is oversold but dyor. Let’s see what the price is in 12-18 months.
- Forums
- ASX - By Stock
- CGF
- Ann: Third Quarter Performance Update
Ann: Third Quarter Performance Update, page-64
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CGF (ASX) to my watchlist
|
|||||
Last
$6.24 |
Change
0.010(0.16%) |
Mkt cap ! $4.312B |
Open | High | Low | Value | Volume |
$6.21 | $6.34 | $6.17 | $27.82M | 4.437M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 5847 | $6.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.24 | 8590 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2273 | 6.230 |
3 | 9162 | 6.170 |
4 | 4262 | 6.160 |
3 | 5673 | 6.150 |
1 | 746 | 6.140 |
Price($) | Vol. | No. |
---|---|---|
6.280 | 100 | 1 |
6.300 | 12141 | 1 |
6.320 | 600 | 1 |
6.340 | 10300 | 2 |
6.350 | 4615 | 2 |
Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
Featured News
CGF (ASX) Chart |