CDA 0.00% $3.70 codan limited

Ann: Profit Guidance, page-3

  1. 388 Posts.
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    Its quite interesting the way stock is perceived by the market.

    Management guide specifically to a lower level of sustainable earning which the market appears to price the stock upon.

    However last year and this year results achieved are significantly above those that Management have guided towards.

    I suspect the market will rerate this stock if it starts to believe the level of sustainable earnings are above those guided to by management or management revises the level of sustainable upwards.

    i strongly suspect the latter will happen, i also suspect we are in line for another special dividend.
 
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