Post by
retiredcf on Dec 28, 2024 6:28am
Stockchase Insights
And again for others to see. GLTA
BUY
Trisura Group (TSU-T)
27/12/2024
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research
We think TSU is one of the under-the-radar insurance names that possesses both a decent track record of maintaining healthy underwriting discipline and is well-managed. TSU retains most of its earnings for future growth - if the company can grow profitably by underwriting policies conservatively, we would not be surprised if TSU becomes a long-term compounder. The company is trading at 2.5x Price/Book, which we think is a fair valuation for an insurance company with healthy profit margins, and a consistent ROE above 15%.
$38.390
Comment by
masterthink on Dec 28, 2024 2:23pm
OVER RATED.....HYPE HYPE HYPE.....