sage in the hills
18 Feb 2015
Re: Directors' sales They may be selling shares , to take the proceeds to fund this years ISA allowances for self and wife ...SAGE
Here today - Gone tomorrow
18 Feb 2015
Re: Directors' sales You have to put the director selling into prospective. The directors are on salaries of in excess of $500K PA PLUS options. The sale of this amount of shares could be for basic, mundane, domestic purposes i.e., paying college fees etc. The shares are 'given' to the directors so they are treated as tax efficient bonuses and are often dumped. I personally wouldn't read anything in to director selling at this level. NB. Director trading within a reporting period is closely scrutinised and if it transpires that the trades are on the back of insider/privileged information then they could be prosecuted by the financial regulators.
Rockeye
18 Feb 2015
Re: Directors' sales GI - I appreciate your thoughts - thanks.Rocky
Greyinvestor
18 Feb 2015
Re: Directors' sales I think that the big seller is leaving the company, but director sales have been a constant theme, which I don't like too much.BEZ is pretty fully priced, as is much of the sector and indeed the whole stockmarket. It is a highish multiple of NTA, and the valuation is based on a low claims year. Growth is pretty negligible.I rate BEZ as no better than a Hold at the current valuation. But they are a quality business.As to timing of sells, prices often dip in the summer for insurers, so I think they are just being sensible.
Rockeye
17 Feb 2015
Directors' sales I'm running a ruler over this share, with an eye on the upcoming dividends.I'm just wondering if there's any reason for concern over the sale of shares by four directors on 13th Feb? Seems a bit odd to dump between them 40,000-odd shares prior to the dividend payment. Anyone have any comments?Rocky
Greyinvestor
05 Feb 2015
Divi dates The divi dates are dividend payable on 27 March to holders on the register on 27 Feb. Dividend of 18p including the special.
Greyinvestor
05 Feb 2015
Sensible results A typically robust set of results out of BEZ today;Premiums +3% - OKPBT $262m v $313m - OKRoE 17% v 21% - GoodCombined ratio 89% v 82% - OKReserve release $158m v $218m - OKInvestment income $83m v $43m - GoodInterim divi 6.2p v 5.9p, full year 9.3p v 8.8p +5.6% - GoodSpecial divi 11.8p v 16.1p - GoodNTA 158p v 150p, flat in dollars - OKOutlook OK in a very tough marketA bad/very bad year for war/aviation claimsA strong hold for me. A benign year for claims, so things could easily get a lot worse. I'm happy to keep BEZ in my portfolio.
II Editor
30 Jan 2015
NEW ARTICLE: The week ahead: Glaxo, Sky and Beazley "GlaxoSmithKline, Sky and Daily Mail and General Trust will report this week, along with the economic news.Monday 2 FebruaryEconomic newsJanuary's manufacturing PMI will be updated on Monday, opening the week and the new month. After dropping to a ..."[link]
jamesfurze
30 Jan 2015
At the Top? At 290 today which is best in living memory. Can BEZ go further?
jamesfurze
31 Dec 2014
Why rising SP? Has anyone got a clue why the SP is on the up?
