IFL 1.11% $2.67 insignia financial ltd

Ann: Becoming a substantial holder, page-6

  1. ew1
    235 Posts.
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    Result looks looks ok as it is inline with consensus.

    issue i think is the forecast calling out more margin compression and higher cost due to cyber and the like.

    in addition market probably thinking that spending $300m to get 150m cost save is not adequate and this will kick statutory profits and fully franked dividends down the road for another 3 years.....
    Last edited by ew1: 24/08/23
 
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