new listing

[kicc]

MMI listed this morning and now trading at 1600. The combination of Metropolitan and Momentum who operate in different markets can only lead to another long term insurance giant. is this a buy at R16.00?

[Quakedog]

I think so!

[CHATTYCHAT]

Seemingly at discount of around 28%

[prancing_horse]

hold quite a bit of what was MET, and been good div payer, in time there is bound to be fair amount of synergy from this merger resulting both in good capital and div growth in next 3 years

[SimonPB]

expect selling from the over hang .. and they can't retrench for 2 years .. so upside not that glam ..

[prancing_horse]

Beg to differ, many ways to skin a cat!!

[juggie]

where to for the share price of FSR once the unbundling takes place

[prancing_horse]

Based on current prices FSR should trade down to 1760.I would wait till after FSR have offloaded as there maybe some selling pressure after the unbundling.