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CBL Insurance IPO
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Looks pretty interesting, they have impressive profit growth over the last five years.
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Originally Posted by satan
Looks pretty interesting, they have impressive profit growth over the last five years.
Yep, with that sort of financial history, they'll have us queuing around the block for the IPO (so long as they keep their heads and price it correctly, rather than greedily - we don't need another hirepool, Arvida etc)
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While not a reflection on CBL this corner of the insurance industry has in the past proved to be problematic for small companies operating in Aoteroa.
http://www.teara.govt.nz/en/1966/dis...nancial/page-4
Boop boop de do
Marilyn
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Is anyone looking at this IPO?
Doesn't seem to be much chatter here on this one...?
share offer website here:
http://shareoffer.cblcorporation.co.nz/
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I'll be having a look although I regard insurance companies' financials as a bit of a black box, coloured perhaps by one of my earliest encounters with the industry. Luckily, I had no financial interest in the matter, myself!
http://www.teara.govt.nz/en/1966/dis...nancial/page-4
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