Hydrogen Economy
16 Apr 2015
Re: Ex Div 16th April Sold 25% of holding for a 17% profit on shares bought 6-9months ago in case of a further dip after it goes XD (something I sometimes do with high yielders).Would buy back at ~ 10% below the XD fair price - around 450p. If SP holds up XD then happy with the return on the 25% and the value of the remainder. If it dips I get 10% more share for no cost.I was thinking as I type the above that I'm not normally so cheerful, then I got "you message has not been accepted due to unacceptable language or some other problem" - that fixed it and yes there then was some unacceptable language.grrrH2
deepsleeves
15 Apr 2015
Re: Ex Div 16th April Seems not.Would have sold at 530 if I had been around but was out walking for the day.No matter I can just be like Warren and buy and hold. Saves on dealing costs and stressDeep
DanDaDan
15 Apr 2015
Re: Ex Div 16th April Are we about to see that sp dip before Thurs Morning.Those MMs need to make some money......GLA.
FRTEB
13 Apr 2015
Re: Ex Div 16th April 450 would be nice (bottom line of support on a rising channel going back to 2011) but whether it drops that far or not... we'll have to see.
deepsleeves
13 Apr 2015
Re: Ex Div 16th April FRTEBAt what price ex div would you be buyer?Deep
FRTEB
10 Apr 2015
Re: Ex Div 16th April I hope the market does overreact after going ex divi because I'd like to top up. Looking forward to it (and the huge divi).
deepsleeves
10 Apr 2015
Re: Ex Div 16th April my feeling is that the markets may overreact and that the share price will fall several more than the dividend, perhaps to something around 450/460p. I will watch and if the SP continues to rise at the beginning of next week will sell some or all of my holdingDeep
DanDaDan
10 Apr 2015
Ex Div 16th April Ex div and paying over 6%.The final and special divi amount to 33.9p per share.Good value IMO.GLA.
aspace
04 Apr 2015
Re: Amlin yielding 5.21% Yes that sounds consistent with my calcs at the current share price. As to their predictions about the coming years, who knows. AML could be beset by softening rates, or alternatively by a year or more of disasters. My long term trust in AML is based on their fair treatment of shareholders even when times get tough, as in 2011. You will see that also in your data.
albent
03 Apr 2015
Amlin yielding 5.21% DCF valuation and analysts estimates for Amlin (LSE:AML): [link]
Inatthetop
02 Mar 2015
Re: For Grey Many thanks for your thoughts Grey. I know HSX appears expensive but every time I think that the sp soars. We both believed they were expensive a few weeks back @ 630p but look what happened.I'm also not convinced they will both do worse next year. A deterioration would generally only be caused by major losses and I assume they will have reserved well to cater for a few future disasters, particularly as they are returning cash to investors.Will review after consolidation and see what my reduced holding is worth.Thanks again
In the dark yet again
02 Mar 2015
Re: Results out Tough year, although the numbers not wholly unexpected. Following the recent rise it's no real surprise it has taken a smack today, indeed if it wasn't for the recent Catlin T/O it would probably have been worse.Think I'm going to sit tight but for the moment but with a much tighter stop..... probably should sell some but not an awful lot of other stuff out there I particularly like.Regards,ITDYA
Greyinvestor
02 Mar 2015
Re: For Grey The bad part of HSX is that it is very highly valued. The good side is that the management is well respected, with good reason:HSX has come in well ahead of expectations, whereas AML has come in well behindThe company is increasingly a direct insurer, which generates good profits with less capitalGrowth is fineSo I like HSX but the price is high.With AML, the results were weaker than expected, and the share price had run right up. If I remember rightly, last year it was cheaper to buy post XD, even allowing for the dividend. AML weakened its balance sheet with a European acquisition. This has turned out OK but no better than OK. Both HSX and AML will almost certainly do worse next year, which will push up the P/Es even further. I would bet that they will be cheaper in the next twelve months.Finally, as to the overall stock market value, it has only once in history been on a higher multiple. Enough said........London insurers that I rate highest; HSX and LRE........HSX for general management, LRE for underwriting.
Inatthetop
02 Mar 2015
For Grey Hi GreyA little over a month ago we discussed the comparison between HSX & CGL. HSX results are also out today and would appear much better than AML, hence the rise in HSX and fall in AML, although the return of cash obviously has an influence. It would be helpful to know your views on HSX results as this is by far my largest holding. The price has increased over 25% in the last month. The cynical side of me says that there must have been a leak on imminent results to have caused such a movement. As it seems you are quite involved in this sector your views would be very much appreciated.Regards
deepsleeves
02 Mar 2015
Re: Reduced holding FRTEBGiven the market reaction to what seemed like a decent set of results and the announcement of a 15p special dividend I think there could be an overreaction when AML does go Ex Div on 16th April so I would probably take advantage of any significant increase pre the 16th to take a profit and hopefully buy back laterDeep
