SUN 1.30% $19.42 suncorp group limited

I think saying SUN S.P. is dependent on special divvy is very...

  1. 2,013 Posts.
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    I think saying SUN S.P. is dependent on special divvy is very narrow call. It has a nice safe divvy level already: each of 4 brokers I've reviewed since Motley/OM call have ranked SUN as best bet in the insurance sector going into lower AUD and RBA interest prediction. So a special divvy would thrust it up, without special divvy I think it will see into's/SMSFs investing as a "defensive growth" (sorry about teh oxymoron) stock in coming 6 months.

    QBE is 40% Brexit exposed - it's virtually a spec stock until everyone knows Brexit/Banking/employment in UK.

    Whereas SUN has '17 growth predictions and only local exposure, so US dollar/Brexit risk factors greatly reduced from IAG/QBE risks will amke it very attractive to medium/long hedge investors (yes I know, despite its insurance industry risk).

    Either of us could be wrong JC, but if I'm wrong I'm wrong along with 5 brokers/analysts.
    Nothing personal JC, I just bit at your introduction to your statement "no..." which is kinda patronising while your pumping another stock.
 
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Last
$19.42
Change
0.250(1.30%)
Mkt cap ! $23.46B
Open High Low Value Volume
$19.40 $19.46 $19.20 $38.87M 2.003M

Buyers (Bids)

No. Vol. Price($)
2 9297 $19.41
 

Sellers (Offers)

Price($) Vol. No.
$19.42 17197 2
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Last trade - 16.10pm 27/11/2024 (20 minute delay) ?
SUN (ASX) Chart
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