I've been looking at the numbers myself and trying to work out why the sell off too. Perhaps it was the lower guidance of GWP? All other metrics look good, although some are one offs (eg $200 Million covid provision). EPS works out to be ~33c with this $200m one off provision (I dont know if they are holding any more to be released at a later date?). which leaves EPS without abnormal ~25c. Dividend might have disappointed? But its still a ~50% pay-out too. I guess the market wants to know if the numbers can keep growing.
Historically, NPAT is quite flat, this year likely to be $1.4b+ (including the one offs).
Please correct me where I've made a mistake, only had a quick look at numbers.
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)