Greyinvestor
09 Dec 2014
Re: Topped up The shorters have got their teeth into LRE[link] my impression that they are piling in to any share with a big payout coming. It doesn't much affect the long term but it's a big influence on the short term..........
devonplay
06 Dec 2014
Re: Topped up Hi Grey, when we were originally discussing this I was going to hold off until it was under £6Tempted as this price, but I'm going to see what January brings. Don't disagree its good value now.Suppose that makes me a HOLD, don't feel the need to rush.DL
Topsham Boy
04 Dec 2014
Tipped by Galvan Research One of 4 stocks for 2015 tipped in their report[link]
sipco
03 Dec 2014
Re: Topped up I got more today I see the sell off over done
Greyinvestor
02 Dec 2014
Topped up Topped up on these today. They've sold off really heavily following the big dividend payment, well done to those who anticipated the move. But in my view theye are now in oversold territory. Trading at something like 1.35 * NTA, and with a prospective yield of about 10%, there is more than enough compensation for the price pressures in the insurance market, I think. But DYOR.
foolish learner
27 Nov 2014
Re: LRE value Figures on Digital Look give EPS 63.5 and dividend of 54.7 even at £6 thats a 9% which if right i would happily sett
Greyinvestor
27 Nov 2014
LRE value It seems to me that you have to look at LRE like this:LRE is expected to earn 58p this year, and is distributing about 84p. So 26p is giving us back our own capital. Ideally we should reinvest the 26p in LRE shares, so this would add about one share for each twenty that we already own.Next year LRE is projected to earn about 55p, and to distribute about 55p. It is this that sets the benchmark for future value. The slightly scary thing is that EPS has fallen strongly over the last few years, and could fall further with falling insurance rates. I think that 50p of earnings is not unreasonable, and this sets a benchmark of about £5 for the value. However I don't believe that LRE is a screaming sell. LRE could bring in 55p, or even a little more, as a result of recent acquisition activity. This would suggest that the current share price is about right.I do find myself wondering how we gain from the distribution of capital. I'm not sure that anything has been achieved, in shareholder terms.
Rober01
22 Nov 2014
Re: Ex Div goodness I hope so!!!!
lambrini girl
21 Nov 2014
Re: Ex Div £5 target...
