SUN 0.93% $16.97 suncorp group limited

Ann: Market Update , page-26

  1. 328 Posts.
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    I also hold SUN and QBE also I am not worried at all about this last reporting season because these particular stocks are a long term hold for me. With SUN which I purchased at $4.68 and given the GFC and the really bad time they had with insurances during that time I see the glass half full. They managed to come through that and still make a profit, with new management in place and the bank section is now taking less risk I see this as a positive have never viewed these two stocks as trading stocks in my portfolio, I like everyone else is disappointed with the dividend result but if this is what they need to do to make the company stronger I guess we need to take the pill. I believe that when the company is strong again the dividend will follow. This is just my opinion.
 
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