Greyinvestor
19 Oct 2017
Re: Sold out It's a combination of things. Director selling, price rising, overall market feeling toppy, the possibility of being able to sell, take the cgt hit and buy back in at a lower price. Nothing specific.My view of BEZ and its management has not changed. I would buy back in the moment the price corrected back down to a more affordable price. I really rate the management, but they are being beaten up by a combination of margin pressure plus catastrophes. I just decided to trade out and in (which has been a generally useless strategy for me in the past).At least I'm honest enough to post when I sell......
aspace
19 Oct 2017
Re: Sold out 'ere, I thought you said you were a long term holder? In your post of 29 Sep 17 you said:"I plan to ride it out and go on holding. A Hold for me."What changed your mind?
Greyinvestor
18 Oct 2017
Sold out I sold my stake in Bez today, with real reluctance. A huge CGT bill to pay, sold at 4.7 times the purchase price, you don't get many like this......well done the management, I'll be back one day.......
Greyinvestor
29 Sep 2017
Re: Profit warning Mine too, the business has been very well run with good consideration for shareholders. If only every company was run in such a fair and balanced way........
Warren Buffoon
29 Sep 2017
Re: Profit warning Well. . . . for all that, the share price went up yesterday . The share price took the hit earlier in September.Still the best performing share in my port folio......
Greyinvestor
29 Sep 2017
Profit warning Serious profit warning today, due to catastrophe losses. Sounds like profits could be sub £100m this year as a result.I expect that short term investors will bail out now. I'm a long term holder and view this as the inevitable outcome from a bad claims year plus unrealistic rates. Hopefully the market will now start to firm up.I've seen this before, notably in about 2011. I plan to ride it out and go on holding. A Hold for me.
aspace
12 Sep 2017
Re: ADVFN ..comment this morning... OK yep found it, and similar material such as [link] I would have thought its a bit early to be sure. More volatility here would not surprise me.
Bobtheretiredbroker
11 Sep 2017
Re: ADVFN ..comment this morning... Have a look at comments today from CEO of Hiscox. He has quantified cost of Harvey and Irma, but also made it clear that premiums will have to go up as a result. The markets clearly are reassured by this.
aspace
11 Sep 2017
Re: Recent sellers moving back in today I guess the market has decided the damage $$$ from hurricane Irma might not be so bad after all hence today's +5% upswing. I'm neither buying nor selling.
sage in the hills
08 Sep 2017
ADVFN ..comment this morning... "It seems likely that investors are overestimating the costs of Harvey/Irma, and other behavioral effects are likely driving down insurance stocks," SAGE
sage in the hills
08 Sep 2017
Recent sellers moving back in today SP back up to 450p ish at 10.40 am Fri 8th SeptSAGE
Warren Buffoon
06 Sep 2017
Hurricanes Guess the hurricanes have taken the shine off this stock . . . . .
Greyinvestor
23 Aug 2017
This season [link] case you think about these things.....
Greyinvestor
21 Jul 2017
Solid results Solid results today, I thought, given how impossible the insurance market is for now.Revenue basically flat.PBT $158m v $150mEPS 20.2p v 17.3p, flat in dollarsNTA 207p v 186pDividend 3.7p v 3.5pInvestment return $79m v $63mI'd rate these shares as fully valued, but the steady move into more and more cyber risk business looks good. In the medium term the company should move back into growth.A strong Hold for me. No reason to sell, despite an average £1.10 purchase price for me. I can't afford the CGT !
Warren Buffoon
09 Jun 2017
Don't know Don't really know what's going on here but this is easily the best performing share in my portfolio. . . . up 177% in the 4 years I've held them.Long may it continue............
