Member Info for jollyspeculator

it is building nicely now

so perhaps my dream of 45% discount will have to stay just that ...at the other end of the spectrum, the discount has narrowed to c10% at times in the (distant) past ...even at a 15% discount, dwha would be over £5 if dwht stayed c£6 ..I'd start unwinding my "arbitrage play" at c20%

always the norm on AIM...nothing to beat the joy of the dump

nearing 37% discount to forego fairly useless right imv... ...only another 5-8% until highest historic discount exceeded... ...may even get chance to load up over there after results given how sleepy investors seem to be lol

this is insurance...it is a specialist area ,,,BEWARE

yes looking ok here...dwha is a mite frustrating...the delayed 6k sell today hints at a large seller?

7p looks decent floor imv

mind

so about quits? Unlike DWHT/A which is exposed to US$ (and not so much the euro) & may therefore benefit in a few weeks time at interims

no ...not really...on LT view..imv... ...decent, aligned, committed management working for the good of us all (as if we were family lol) ...EV/EBIT firmly in cheap 5-7 range (perhaps towards bottom) ...huge cash pile rel to EV or MCAP so no serious likelihood of distress (and perhaps more share buybacks at these low valuations if no acquisitions on horizon) ...unreasonably large discount to voting shares (as discussed) ...ok markets & diversified (at least geographically) ...wot not to like?

and maybe better to wait for 40-45% discount to trigger arbitrage (if that sort of ridiculous opportunity arises again) ...a 45% discount would be quite something to savour lol

of course...the discount has reached and stayed at 40% for many months (a year or so ago) ...I'd be surprised if we see £3 here again...but who knows...depends on how well the business performs lol ...I'm here for the super LT so fairly relaxed

now over 35%...40% discount is pretty clear cut "SELL DWHT, BUT DWHA"... historically (based on RB's analysis) ...I have just sold 700 DWHT and bought 1800 more DWHA

YES..lol ..btw more like a 35% discount? 200p/560p

a little high, lads lol?

nice to flip

Going concern Whilst Solvency II will not come into force until 1 January 2016, the Board has already commenced the process of assessing the impact of Solvency II on the business and, given the Board's expectation of continuing strong growth, assessing the required capital to support those levels of income. To this end, the Board has held discussions with providers of quota share reinsurance and structured debt products. Whilst there can be no certainty that negotiations with these and similar parties will be successfully concluded based on these discussions, the Board is confident that sufficient capital will be in place in advance of the commencement of Solvency II to support its ambitious plans. Failure to raise sufficient regulatory capital would hinder the company's growth plans and could also lead to sanctions being placed on GIAG and therefore on its ability to conduct future new business. This indicates a material uncertainty which may cast significant doubt about the company's ability to continue as a going concern.

eh? the other geezers sold 4.6m shares lol

I thought that at 70p lol

What is your guestimate of this year's EBITDA and FCF?