Member Info for davetherave1

Hi Hicory - I'm still sat here patiently!

Northeasttiger - congrats on this one, I knew i should have followed your from our mining friend stock!!! Still might have a go in this one soon, I'll see where it settles after this good rise its been having, I might have missed it now though

Oxygen - the flood scenario is different as there would be actual physical damage at the premises so normal BI would kick in.

The Denial of Access extension would also probably kick in if there was no damage to the premises but neighbouring properties did flood which prevented access.

Oxygen - this type of cover is more routinely included for Event type insurance, but not for normal business insurance that is aimed at covering companies in the event of physical loss or damage to property. although businesses are clearly suffering business interruption from the virus, it isnt as a direct result of physical loss or damage to their property

thanks Cadelin, you beat me to it.

There you go Mr Cautious, I'd say thats as pretty much a direct link as you could get. I did say 'previooulsy linked' too, not sure there is anything going on with them at the minute, but it does show they are very interested in lithium for their batteries which was the point i was making

I believe most policy wording do have somewhere in the small print that pandemics are excluded. Not sure if Hiscox did or not but certainly most of the ones I’ve looked at do specifically exclude it.

Even if it did categorically exclude it, would any policyholder have decided not to proceed with cover on that basis? I personally don’t think they would have done

I work in the insurance industry (not an insurance company though) and have to say I dont think Hiscox have done a lot wrong. there is no way in the world any policy wording was intentially written to include cover for a worldwide pandemic!. Most extensions for 'disease' claims are aimed at covering local outbreaks that effect specifically the policyholders premises.

it is a very difficutl time for businesses but why do people just expect that claims should be paid? If insurers had to settle all these claims, then they would all go bust and no policyholder would be paid! That is why the government have stepped in with their aid packages

not once will any policyholder ever have specifically asked for their insurance to cover this scenario. Unfortunately it is impossible to cover all scenarios

I'd say that it probably does. It has confimed battery grade lithium. Car batteries use lithium and we have previously been directly linked with tesla

https://www.cnbc.com/2020/05/04/electric-cars-take-the-spotlight-in-chinas-post-coronavirus-stimulus-plans.html

pretty comprehensive update, good to see they are making use of the lockdown to get in touch with key executives at potential clients

£10.5k paid at full ask of 70p! Almost back to pre-Corona levels

Mr james - I like the way you talked yourself into that haha

I had another little nibble a couple of days ago at 23.4, slightly mis-timed as always but managed to get my average down to 30.9 which isnt too bad. Like you said, a lot of the ii's will have a much higher average then that

its good to see! AGL is propping up my portfolio at the minute!!

he may have added 40% to his holding but it was still only a purchse of arounf £10,000. I bet there are loads of holders in here that have invested more!

have access to a bit of spare funds now which I will be using to top up. When to do it is the big question now!

Ziquart - I sold out of these a while ago to be fair but always keep an eye on them. I moved into BCN a couple of years ago, decided to feel the pain of a different share for a change haha (should hopefully come good eventually though!)

everything annoys me about this share. random increases, random falls, event the ticker annoys me - why KDN? Why not CDNC given its called Cadence Minerals

* springs to mind (not forums to mind haha)

I was investing back then but I do seem to recall they had fingers in a few other pies at that point. A graphics company for computer games forums to mind but they sold the other elements of the company off to raise funds and to focus on Parsotix which was a very wise move in my opinion.

There will also have been far fewer shares in circulation in 2005 so can’t really draw a straight comparison to current SP

new 5 year low, halved in value in less then 1 month. absolutely crazy! I told out of these a few years ago but always kept an eye on them and have watched them steadily climb since I sold (typical).

has anything fundamentally changed with the company? might take a bt of a short term hit on revenue, but people still need houses including people that recover from viruses!

coming into so spare cash end of March so if it starts to settle off and remain at these levels, I'll be buying back in