CGF 0.29% $6.89 challenger limited

Oh look the charts going up. On no the companies turned to...

  1. 310 Posts.
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    Oh look the charts going up. On no the companies turned to $#1&..


    Wait a sec, nah it hasn't. Management haven't put a foot wrong. Product is a leader. Moats are wide. Competition is low. Balance sheet is strong. Demographics are a rising tide. 


    Oh and on RC worries, wait.... hearings have finished. Where was CGF implicated or even mentioned more than in passing? Was Brian Benari call to the stand? 


    I bought this 4 years ago, 3 years ago & in the last months. In that time I've seen massive book growth, solid equity growth (with limited reduction in ROE) & solid NPAT / normalised NPAT growth. I'm hardly even paying 10% over what I considered great value back then. 

 
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