Company Report
Last edited 12 months ago
PerformanceCommunity EngagementCommunity Endorsement
ranked
#77
Performance (50m)
-6.2% pa
Followed by
19
Straws
Sort by:
Recent
Content is delayed by one month. Upgrade your membership to unlock all content. Click for membership options.
#ASX Announcements
stale
Added 12 months 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


3f8c714614ebbc89f69d38fd8318b1c5df574a.png