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Not looking a bad idea 15 days on, it has dropped back to the slice price I took , after topping at 661p on 9th November 20222. ( approx 5% higher )
Alexandra Jackson Fund Manager of Rathbone UK Opportunities in a promo video 26th November 2021 called Selecting Winning Stocks on PIWORLD, has this and explains why they chose it.
She also said "AIM index had a fantastic year" ( chart does show that to year ending September 2021 ) not so good before that and has fallen back since .
Explains why I was so high this time last year , but my personal portfolio highs topped out Easter 2022.
"You do not want to be a distressed seller when markets fall back sharply "
It appears they just sit back and do no buying or selling .
Fantastic job to have lol
This table is full of inaccuracies for weeks and despite several postings to the ST and Morningstar I have no courtesy of a reply. This week the following were omitted : Beazley, Darktrace,Haleon,Energean,Petershill,Scottish Mortgage,Virgin money,Watches of Switzerland amongst others. One wonders what sort of cretins are responsible? Any comments or information as to who to approach greatefully received.
Sliced a tranche today ( W ) @ 633.23 ( limit 633p 90 days ) 2pm within the hour of setting .
Transfered in 9/7/2021 after a year trapped in SVS admin .
Sold two same tranches 2/8/21 @ 399p & 9/8/21 @ 410p .
They continued rise after my sales topping @ 504p 16/2/22 .
They fell back to 386p 7th March 2022. Pity I did not buy those sales back in hindsight .
higher higher /lower lower . ?play your cards right .... more like it .
Yuri.F As you can see from the RNS, the drop in 1st HY profits is entirely due to poor investment returns over the last 6 months.
Premium rate increases were 17% and the combined ratio improved to 87% which is excellent and shows great underwriting discipline.
Improved investment returns in the 2nd half of the year and in the 1st half of 2023 mean that this time next year profits and the SP will be significantly higher.
Always a professional outfit at Lloyd's and with the prospect of higher interest rates in fact the margin between Underwriting premiums and claims is likely to get even better with increased income from interest on premiums and reinsurance claims in particular take some time to come though (perhaps a couple of years) to settle, which means generally the outlook looks good for Lloyd's syndicates whose earnings on premiums will outweigh claims costs (where claims take time to settle). GLA -great return to form for Beazley they must have a very good portfolio and broker base.
which company s are making money hand over fist , not many . reasonable results . ,...
hold 5 pound ,,, hmnnn
Safe bet? I wouldn't say so, todays H1 results suggest otherwise unfortunately, that's a huge drop.
Inflation has boosted their costs and this is expected to continue for at least year or two.
This has had its up s and downs over last couple of months , i wish i had done some trading , but the company seems a safe bet at the moment . divi ?
BEZ are a solid outfit. I sold out ages ago around the £5 mark but I'll look for an opportunity to get in on a dip and hold for ages.....
HAVE I MISSED IT ? .DIVI PAYMENT DAY , REINSTATED?.
ANYONES FEELINGS ON THIS SHARE . ? I PRESUME ITS THERE EXPOSURE TO AIRLINES ETC ?.ANYONE .?
Beazley may have some political risk, terror exposure, along with some potential Cyber exposure (but only if things go down that route as part of the escalation, over and above the normal level of Cyber events). Nothing there I am overly concerned about and they will have limits and reinsurance. This is what they do. My only area that I would like more information on is their exposure re financial guarantee - i.e. aviation piece, guarantees / insurance provided to leasing companies. I believe a considerable portion of this sits with the company market, but some will be Lloyd's. I would imagine this is still a moving piece and they are still estimating exposures etc.
More ouch on way i hope beazley have good support with there finance s . this is going to hurt
Next area of concern: Aviation Hull.
https://www.telegraph.co.uk/business/2022/03/05/airlines-dogfight-pull-jets-war-zone/
https://www.beazley.com/london_market/marine/aviation/airlines.html
I think an RNS is required to clarify BEZ's exposures.
Also worth noting BEZ has a Political Risks book which could potentially end up paying claims out.
As one of the biggest cyber insurers in the world, BEZ definitely has an exposure to Russian hacks and cyber attacks. If the war on the ground doesn't go their way, or they get driven out of Ukraine or they become a pariah state (as they effectively now are), the Russians could change tack and launch coordinated cyber attacks against the Western World leading to BEZ having to pay out claims.
I dont believe BEZ has much exposure to property or reinsurance claims in Russia/Ukraine. War is usually excluded from commercial insurance anyway.
Down as many recently, exposure to what, s going on i presume ,, to buy to hold ...?
I thought the results were v.good, slightly better than expected and bodes well for 2022.
I guess its just down to profit taking after a really good couple months. Personally, I'm holding. I got in at 313p so the divi yield isn't too shabby for me and can see 600p being hit before the end of the year.
Have i missed something ?...down on sentiment ?
good result.
I think it very likely that Beazley will post some excellent results. I think the market is underestimating this somewhat. Given the progress made, rate rises (and corresponding adequacy), pre pandemic highs will be achieved at some point soon, regardless of the capital raise previously completed.
Results are out on Thursday.
a while to wait .
Most of the insurance companies (who have posted their FY results) are posting record performances. I suspect the same will be said for BEZ.