Company Report
Last edited one year ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#53
Performance (51m)
-5.4% pa
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#ASX Announcements
stale
Added one year ago

Hi @THOR , @Garfield and @thunderhead who hold SDF and @raymon68 who has posted about SDF, what are your thoughts on the acquisition of Sure Insurance. I have held SDF IRL for some time now as a recommendation from another service and without doing a deep dive into them I have always been impressed by management producing a steady flow of positive results. The chart below shows everything you usually want to see - bottom left to top right. I like the fact that they are not an insurance company (subject to natural disasters) but more of a clip the ticket broker. The founders of Sure are retaining 30% of the company which should drive continued motivation to do well. They expect the acquisition to to be immediately EPS accretive

For more detailed info - SDF Investor-Presentation Nov 2023.PDF


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