SUN 0.20% $19.59 suncorp group limited

News: SUN UPDATE 1-Australia storm sweeps three to their death as it pounds east coast, page-12

  1. 5,760 Posts.
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    the real problem with SUN is the ongoing claims from the east coast storms.
    they have stated it is only 80 million, but apparently a lot of claims are in dispute.

    Alan Jones and Mark Latham will be touring Picton to address the issues of locals trying to claim from AAMI-alias Suncorp. apparently, the flood is considered to be from the creek and not storm water .

    Alan Jones has one million people as his audience. can you imagine what impact that has.

    if Suncorp 'sways' to Picton residents as they seem to be between a rock and hard place, then it will be a catastrophic domino effect elsewhere.

    ps- we also have a major weather event for Sth East Qld this weekend, which is before the magic 'save' date for SUN on 30 th june.
    glad i got out today, albeit with a tidy profit.

    cheers crazypunter
    Last edited by crazypunter: 17/06/16
 
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