IFL 1.69% $2.40 insignia financial ltd

News: IFL IOOF says as at Dec 31, 2015, funds under management, administration, advice and..., page-43

  1. DSD
    15,757 Posts.
    Do you feel it will go 'sub $7.oo'? I feel at current SP ($7.39) its such good value that the fundamentals will stop IFL collapsing should general mkt slide more eg to 4,600 points. The gr div yield (by my estimates) at current price will be well over 10% for FY16 and that too lends support. Not too long to wait for HY report.

    Mid June IFL at 10.63 that's 44% above today's price! Buy.

    Am expecting Monday to be a strong day on ASX. Keen to see if IFL lifts even more than mkt index.
    Last edited by DSD: 13/02/16
 
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