SUN 1.05% $16.92 suncorp group limited

lame duck

  1. 3,693 Posts.
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    Today's result confirms this Group is a lame duck; how can this Board justify being a "bank" when all is wants to do is fund low profit housing loans - it's time for a clean out; the insurance division is just surviving.
    The only thing that will save them is a takeover - the price may be lower not higher - remember the offer of $23 that wasn't even put to the vote ?
    It's a pity to see a former great institution fall on its sword.
 
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