Checking the pulse of Johns Lyng Group: the panel beater of the insurance world

Scott Didier is the CEO of Johns Lyng Group. They work for insurance companies on what they call mediation work after catastrophes and disasters. Alan Kohler spoke to Scott to find out how the company is progressing since it floated on the ASX in October 2017.

Scott Didier is the CEO of Johns Lyng Group. It was floated just over a year ago in October 2017 at $1.00. It popped up to $1.40, in fact, from a lot of the first half of last year. But after the results, the stock fell like a stone from $1.20 down to 80 cents even though the results were very, very positive. Obviously, the key question for Scott is, what the hell happened then and what was going on? The shares have recovered a bit since December along with the rest of the market from 80 cents to $1.05, so it’s looking stronger now although it hasn't quite got back to obviously where it was but I think it's worth listening to Scott on the subject of what happened there. 

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