31c and there is pretty much nothing that could stop another 20c following in the full year.
Earned income is set at minimum $400 mill the next 2 year.
I believe there has been one big seller on this stock whose bots have absolutely suffocated the share price, over the last 2 weeks and it would be great if they would just go away for a few days., a month or a year!
These big boys and their automated sell tactics have no regard for retail investors.
$2,80 is absurd for this stock , it is like 70% of the CASH assets it has for its APRA calcs, What is that $1B Negative Goodwill ? you could close the doors tomorrow and sell of this company of $3.5B++++
Most insurers trade 3 times NTA plus , and on a ROE basis this insurer is making more money then any insurer in Australia by a LONG , LONG WAY.
It has an Investment Portfolio 10 times its Earned Premium - That is Unheard off. I mean in twenty plus years of working in, owning and operating insurance companies , I have never heard of such protection. It is literally 3-4 times higher then I have ever heard of ( QBE has only 2 times).
Crazy , Crazy , Crazy
Add to My Watchlist
What is My Watchlist?
