The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
Agreed. Dividend should be well covered given the strength of the reserves. At these prices, I'd be buying!
Circassia Pharmaceuticals PLC (LON:CIR)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Monday. Circassia Pharmaceuticals PLC (LON:CIR) opened at 301.50 on Monday. Circassia Pharmaceuticals PLC has a 52 week low of GBX 247.00 and a 52 week high of GBX 320.00. The stock has a 50-day moving average of GBX 305.5 and a 200-day moving average of GBX 297.5. The company’s market cap is £571.1 million. Separately, analysts at Oriel Securities Ltd reiterated an “add” rating on shares of Circassia Pharmaceuticals PLC in a research note on Tuesday, July 29th. They now have a GBX 320 ($5.11) price target on the stock.
This is one to watch imho. It's from the same stable as SCH, which went up c50% in the first 6 months, but did nothing in the immediate post IPO period. Worth getting in now! DYOR.
Agreed. The next year or 18 months will be the low point. However, motor rates are moving up, so this is a good time to get in IMHO. Once esure and the other big players declare the price war is over their prices will start to move. GLA.
FLASH: Numis reiterates add on esure Group, target cut from 320p to 285p
Been tracking this from day one. Not sure why the big drop now? Has to be a buying opportunity I think.
Told you! Still more to come from this. Also look out for Crossrider, which is coming soon.
Profit doubled and divi trebled at Bovis! Could this head the same way? When is the next update due?
And dividend trebled. Let the good times roll...!!!
Stringvest12 - can you predict a slide for a few other shares if I give you a list please?
Not sure what this means, but I don't think it's good!! New World Resources Plc and New World Resources N.V. (the 'Company') announce that the Company did not receive consent from the requisite majority of locked-up noteholders to make the 15 July coupon payment on the senior unsecured notes at the end of the grace period that expires today. As such, and in order not to jeopardise the strongly supported restructuring transactions, the Company will not make this payment.
I've just bought in. There is a lag in this industry. Rates are starting to harden and results will improve a year or so down the line. Henry and Co have a great track record and understand the cycle as well as anyone. This is a compulsory purchase for car drivers, so the market won't disappear.
I suspect they mean 290?!
Just bought in to this. Hope I'm not too late!
I think the key to this lies in the expenses. Current expense ratio v revenue is too high at 28%. Whilst revenue is moving up, it's not yet clear whether costs are moving up as well. Some of the costs will be fixed, so as the revenue increases they form a smaller proportion, but the question is how much they have had to invest to drive the revenue. When we get some clues on that we should see some movement.
n a surprise trading update on Wednesday, British car insurer Admiral Group said that revenues fell in the first half of the year and there was no firm evidence of a return to growth in car insurance premiums. Group turnover in the six months to June was £1bn, down from £1.1bn in the same period a year earlier, with total premiums down 9pc. Group customer numbers increased by 300,000 to 3.9m over the period, while the number of UK cars insured rose to 3.1m, it said in a statement. However, UK car insurance turnover fell to £850m from £920m. The company said it planned to launch its first ever bond offering of up to £200m to diversify its capital base and help it prepare to meet Solvency II regulations in 2016.
Esure Group PLC (LON:ESUR) has earned a consensus rating of “Buy” from the ten analysts that are currently covering the stock, Stock Ratings Network reports. Five analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is GBX 297.63 ($5.05).
http://www.telegraph.co.uk/finance/personalfinance/investing/shares-and-stock-tips/10897264/Why-now-is-the-time-to-buy-Esure-shares.html esure, according to the Telegraph, which makes this its mid-cap share tip of the week. Some of the things you say are correct, but following the LASPO changes, PI claims have fallen. Rates, I believe are on the up. I speak as someone who has spent 37 years in the car insurance industry!
This, like other insurance shares will to a large extent be driven by the motor market cycle. The word is that rates have started to move up, which means these will follow suit - once the analysts believe that the change is happening. I'm in Admiral as well, which has a great track record. However, I am into this in a big way because I think it has more potential. GLA.
Also says: Land Acquisitions Mar City has also concluded the acquisition of a further 112 plots across 4 sites in London and the Midlands for an aggregate value of £6.47m. We are continuing to comfortably attain our target intake margins on new land and as a result we will continue to build our land bank and are already well on the way to acquiring our target of at least 3,000 plots this year, which would create a land bank of 3 years by the end of the year. Looks really strong to me!