I'm a Suncorp holder primarily via Promina. It got me thinking the other day.
PMN was bought for $7.9B.
The banking business received an offer of around $3.5B last year.
The pre-Promina insurance holdings (e.g. GIO) and Wealth division have no recent reference point.
The current market cap of SUN is about $4.6B.
How would you break this up?
Ok old Promina, maybe $5B assuming a 35% over-payment.
Bank bit maybe $2.5B assuming a 28% over-offer.
Pre-Promina insurance, hand in the air $1B, same again for wealth.
What division is worth -$4B?
- Forums
- ASX - By Stock
- valuation scenario
I'm a Suncorp holder primarily via Promina. It got me thinking...
-
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SUN (ASX) to my watchlist
|
|||||
Last
$16.96 |
Change
-0.080(0.47%) |
Mkt cap ! $21.56B |
Open | High | Low | Value | Volume |
$16.86 | $17.05 | $16.83 | $30.12M | 1.790M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2688 | $16.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$16.96 | 1973 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2688 | 16.950 |
1 | 2026 | 16.940 |
1 | 1580 | 16.930 |
1 | 3400 | 16.920 |
3 | 11316 | 16.910 |
Price($) | Vol. | No. |
---|---|---|
16.960 | 1973 | 1 |
16.970 | 16771 | 7 |
16.980 | 10474 | 2 |
16.990 | 14915 | 3 |
17.000 | 18997 | 4 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
Featured News
SUN (ASX) Chart |