Re: A good buy Held this stock for a long time and it has been very consistent but even though I have confidence in Hiscox I would not add to my pile at this point.
A good buy at this price?
Re: Director selling Yet more senior people sold at the top end.
Director selling Doesnt bode well when the Chairman is selling so many shares.
Artefacts New to this Company - the holding of some 600 Paintings / Sculpture is this a meaningful number on the Balance Sheet ?
Re: Trading Statement Good trading statement from the point of view premiums overall up and hurricane costs revised down. Should see the price move positively today continuing that trend. I note the Luxembourg office is up and running for post Brexit requirements.
Trading Statement Trading statement early next week. All eyes on the updated hurricane costs. Strong dollar should help the numbers.
Interims Not particularly good reading for them. Are the wheels beginning to come off? Figures imply they are now seeking income rather than profit. Maybe the underwriting discipline is slipping.
Rise in SP. Well something's going on! Surely this rise can't just be on the back of the Novae takeover. IMO Hiscox will be the last of the lLloyds syndicates to succumb (if ever). far my largest holding so very happy. Just waiting for some news to break.
Re: Cautious despite recent rally Dividend paid today and the rally goes on. Directors buying at these levels great news. One of my most consistent holdings.
Re: New CFO Well he has a hard act to follow!
New CFO Aki Hussain has been poached from the UK part of Pru to be the Hiscox CFO. One of the few situations where I've actually crossed paths with someone who's been appointed to Board level of a share I've had an interest in.Suffice it to say (and all IMO), Hiscox has just gone right down my potential investment list.
NEW ARTICLE: Stockwatch: A very "special situation" "LSE:HSX:Hiscox has revealed an upturn in first-half performance, showing how the £2.6 billion specialist insurer's strategy is bearing fruit. While the approach of the American hurricane season can still in the chairman's words, "deliver some ..."[link]
Hiscox infographic Infographic for Hiscox (LSE:HSX): [link]
Are we any better off now? Just looking at the decrease value of my holdings today. The answer is definitely no! I am 8.5% down from when I bought HSX 12 days ago. after the consolidation. Now waiting for the cash back tomorrow which might make the holding just break even. So why are shareholders voting for this?I found one reason: [link] pursue Share Consolidation primarily to increase the companys share price so as to generate greater interest in the companys shares, in particular from institutional investors who may have a mandate to only invest in shares above a certain price point.