SUN 0.44% $18.09 suncorp group limited

Dividend and Capital Return, page-14

  1. 1,712 Posts.
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    Via AFR, Bell Potter now speculating that Bendigo's recent hire of David Foster (former CEO of Suncorp Bank) increases the chance of a Banking unit trade sale to Bendigo.

    This would be the doozy. Huge surplus capital return plus would see a PER re-rate to something closer to IAG, which trades a number of number of turns higher

    Last edited by ddddgggg: 04/09/19
 
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