Member Info for clairesmith

the price looks like it was pumped on the good news, and the sellers have been those that bought in at 24

this should cool back down to the 25 - 26 region over the next few days

could see this run up to 620 by end of the day

everyone wants cheap shares, they have just been given an opportunity to load up at discount relative to historic highs and other placing, surely this is a good time?

those that have sold big are pre-ipo, they would have made a ton of money, and would have been get ready for other companies that are pre-ipo, as such makes perfect sense for them to sell with the potential to make 100% somewhere else rather than wait to make another 50%.

getting to the back of end of selling, should swing up aggressively moving into the afternoon

very nice pay day for Vanessa, and a good amount of shares into the market for new investors.
wonder if the investors that bulk bought at 750 will be aggressively be buying up any free float to average down at the moment....

if thats the case then the price will pop back up once the order is filled, as such expect a sudden rise.

wonder if there is anyone in the background accumulating shares and trying to keep the price down?

The share got hammered by 2 factors:

1: Lancashire (LRE) in 2020, as the specialist insurer was forced to swallow $244m (£177m) of losses even before the small matter of Covid-19.
Claims stemming from the pandemic, largely from property exposures, came in just shy of the $42m forecast in July. The remaining exposures – including losses from hurricanes as well as “unusually high level of frequency in non-natural catastrophe” lines – were within Lancashire’s risk tolerance, but 88 per cent ahead of 2019.

2: they had to pay out for hurricane and unrest in South Africa.

However, their order book increased from 600m to 900m from 2020 to 2021. Which means the share has been lowered due to some big insurance pay outs, but the funds and potential revenue for 2021 onwards appear to signal the massive revenue and profit margins on the horizon.

Also this company consistently pays out dividends, so a great one to buy and potentially get 3 pay outs a year to make consistent profit.

More directors buying shares. They know this project CE is too cheap to be true.
Potential for a dividend payment on the way?

Yeah Lancashire holdings price drop has been crazy. They had some big policy payouts, and as an insurance company it's the nature of the sector they work in.
However they have a bigger order book than previously and generally in a consistent profit making, so the buy price is a real bargain currently.

Hi Charles, I literally said a couple of days ago when it was 640 region it was going to head to 610 soon.

Another share im in that's worth a check is lancashire holdings, can see a potential for a dividend on the horizon or at least a bounce as its super cheap currently.

whats your vibe on the next level @Charlesrixon?
I called 610 a couple of days ago after we had the bounce back from 580, i feel a stable price of 640 for a week is what's needed to consider this share moved pass the massive swings.

almost got my 610 price, will pick up some more now.

Company book is loaded, and the worse of the news is out. Looks like it's reached the floor and dividend potentially on the way.

Traditionally this company has given out consistent generous dividends, wonder if they will announce soon a dividend payment?

Michael Dawson, Non-Executive Director, that on 5 November 2021, bought a total of 5,000 shares
The directors can see the value in this company and this is oversold

Good luck getting in now, very cheap compared to past and in a healthy profit road

cant believe how oversold this is

Still looking good for a climb back, way oversold