SUN 0.06% $16.98 suncorp group limited

SUN - Time to Buy??, page-93

  1. HSP
    5,051 Posts.
    lightbulb Created with Sketch. 82
    FY16 NPAT -----------missed
    Outlook for FY17 & FY18 Very good, ROE > 10%, ITR >12%--------Beat (better than expectations)
    more reinsurance------reduce risk-----------------good
    dividends 68c + frankings 20c =88c
    return = 88/1330= 6.6%----------good
    P/E is better than IAG
    I liked the result
    I bought plenty more shares
 
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