Latest Stockbrokers' Forecasts

Several stockbroking companies regularly monitor Codan’s performance, attend our half-yearly and yearly presentations and maintain regular contact with senior management. Based on this and other information, these brokers formulate opinions on the company's performance and prepare reports containing their opinions about the company's current and future status, including their ongoing forecasts for financial results, earnings and dividends. These reports are made available by the brokers to their clients.

We provide below a table showing profit forecasts extracted (with permission) from reports prepared by the brokers who monitor Codan’s performance. The table also includes the last revision date so it is possible to see when brokers' forecasts have been changed.

These forecasts are provided subject to the DISCLAIMER set out below the table. You should read the DISCLAIMER carefully. By continuing to use this website, you accept, understand and acknowledge the terms of the DISCLAIMER and any other terms or conditions on this website. Furthermore you accept, understand and acknowledge any reliance on any part of this information is at your own risk.

Company 

2016/17 Statutory Net Profit After Tax

2016/17 Underlying Net Profit After Tax

Last Revised


MOELIS
AUD $37.5m  AUD $37.5m 24 February 2017
 Report
CANACCORD
AUD $35.0m  AUD $35.0m 23 February 2017
 Report
IIR AUD $34.9m  AUD $34.9m
7 March 2017  Report

DISCLAIMER: Stockbrokers' Forecasts on Codan

The stockbrokers' forecasts on this website are provided solely for your information and interest. They do not constitute, and must not be relied on, as securities or investment advice.

All forecasts are speculative and rely on assumptions and events in the future (some or all of which may not be satisfied or may not occur). Codan makes no representations or warranties, express or implied, about the brokers' forecasts provided on this website, including (without limitation) any representations or warranties as to their accuracy, completeness or fairness or whether they are achievable, or as to the accuracy, completeness or fairness of the reports from which they are derived or the information and opinions on which those reports are based.

The stockbrokers' forecasts provided on this website are extracted from detailed reports produced by individual brokers for dissemination to their clients. Codan is not responsible nor does it have any involvement in the preparation of the brokers' reports from which the brokers' forecasts are derived and has not independently verified any information contained in them. A particular broker's report may also contain information about the assumptions and opinions that form the basis of, and provide context to, that broker's forecasts on this website. You should contact the relevant broker(s) to obtain full details of the reports from which their forecasts are extracted.

The reports may also contain information about any interests in Codan securities that are held by the individual brokers whose forecasts are reproduced on this website and that might reasonably be expected to be or have been capable of influencing the broker in preparing the report.

Like the reports from which they were extracted, the brokers' forecasts on this website do not take into consideration the investment objectives, financial situation or particular needs of any particular investor. Before making an investment decision, a prospective investor must consider its particular investment needs, objectives and financial circumstances, and should seek appropriate professional advice, tailored to the investor's circumstances. Any investment in securities is subject to investment risks.

Codan attempts to ensure that particular brokers' forecasts contained on this website represent the most recent forecast prepared by that broker and that the forecast history is updated on a regular basis, but Codan does not guarantee the currency of the brokers' forecasts contained on this website or the forecast history.

To the fullest extent permitted by law, neither Codan nor any of its officers, directors, employees or agents accepts any responsibility or liability (including for negligence) for any loss, damage or cost arising from or suffered in connection with any use of the brokers' forecasts provided on this website.