MPL.ASX NPAT $418m on EPS of $0.154 and final dividend of $0.065
FY17 outlook is for more of the same, growth will be difficult to achieve and revenue will remain flat, whilst net insurance margins will likely decline or remain flat at best. FY17 EPS $0.15 and DPS $0.12
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Buy on a pullback into the $2.60 $2.75 range. Our algorithm engines will track for the entry alert.
