IFL 5.67% $2.33 insignia financial ltd

Over the last two years: UNPAT up, EPS up,ROE up, FUMA sideways...

  1. 643 Posts.
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    Over the last two years: UNPAT up, EPS up,ROE up, FUMA sideways or up. They are going into the right direction. ...

    Legacy burden going into the wrong direction! 5 years after the Royal Commission IFL is still struggling and making provisions.

    At some stage, the legacies SHOULD have washed through ... and the SP should go higher - me thinks.

    If I use current SP and UNPAT per share, i.e. 35.6 cents: = P/E of 7.76.

    This has the looks of a speculative buy at this current level, not a value trap.
 
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