Ann: HY18 Appendix 4D, page-21

"someone want to wake the ceo up from his slumber!
he is talking about not becoming a kodak - in reference to the fancy stores selling an old concept of cross selling!!

he should be taking more notice of the opposition and how they are carving suncorp up -the likes of youi and real etc

he should also be making sure they have a loanbook that is not going to take big hits on brisbane units!! or for that matter the insurance book is not going to take another big hit on natural disasters

perhaps a good sale of life insurance may provide a few bucks for special divvie and for them to plough more into another gimmicky idea of the fancy stores

i suspect we have a very mediocre ceo -just hope he is not a dud!"

posted that about a year ago - I had hoped like anything the ceo outperforms - I am still not sure and i read an article in the past few days that said about 80% of analysts surveyed had big question marks about the ceo, and the fancy store strategy!! Now , I often dont agree with analysts so I hope the majority are wrong!

cant find it in the oz -maybe afr but thought it in the oz -the other thing i noted was the extraordinary performance of GPT while Cameron was there -not sure if it was a typo, but it did surprise me- so perhaps there is hope.

not sure the banking royal commission (witchhunt) will be good news for SUN, though the others are copping the brunt at present