Where did you hear that?
I thought it was going to be earlier?
It's positive though. Codan is releasing their numbers earlier.
You only do that when there's good news.
I'm not expecting the NPAT to be over 25% now. I think up 20-25%.
a PE of 8...growing at 25%. Come on!!!
What I think they'll do it pay a good chuck of the debt down. Not exactly the ideal thing to do in historicity low interest rates but, besides a buy-back...I'll have to take it.
I have not faith in the board to do anything smart with the excess cashflow.
I hope and expect them to move on the dividend. If not a buy back then this is a strong message to the market and shareholders that business is doing ok. If they increase, the yield is going to get someone's attention.
20+% profit growth.
paying down debt.
and increase the dividend a good clip.
Then again...with this board and Mr. Simmons running it...who know what moronic thing he'll do.
CDA Price at posting:
59.0¢ Sentiment: Buy Disclosure: Held
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