Member Info for moorhey

There has been good support at 250 and the recovery is underway. This is a global company that is unfortunately affected too much by domestic news. I'm expecting a good set of full-year figures published in March (to follow-on from the solid half-year numbers) and we should see the SP threatening the "high" of 342 set in July-17.

The SP is on the move again - it has yet to retest the ATH of mid-October (and is a bit below my 31Dec17 prediction of 1300) but I'm happy with 1200+

I agree with Radvalve on British Land however you may have missed the rump of the gain as the SP is up 10% since the beginning of November

Volume is tiny and (when there is no volume) you get big price swings.

We done Maddox! I had purchased 925 shares at 650 on the 1st March but your post gave me confidence that I had made a good decision. What I should have done is doubled-up my holding when you posted on 29th July - but no. Keep it up matey.

Hit another 12-month high at 1279 in mid-October. Has since retreated about 10% off that high but the SP has stabilised and I'm expecting the climb to recommence and top 1300 by 31st Dec 17.

And Peter Clarke (chairman) bought 30,000 shares on 2nd Nov @ 746 which cost him �223,000.

There's been "talk" of further consolidation within the insurance market for some time, and LRE would surely be a target if there is a bidder lurking in the wings. I can only think that there are no many big sellers in the market and any small chunks are quickly being gobbled-up. I'm holding for the time being.

Always easier to call it after the event.

All the best Wolfhound - onto the next. Good luck all.

And now the SP is above 670 again. I understand the company increased its exposure to Hurricanes but - as a shareholder since Jan2015 - I can't see the management being so stupid as to expose the company to a wipe-out. I may be wrong, but I don't think I am.

Do we know what the timetable is? I've read through the bid documentation, but it appears to only explain the procedure and doesn't provide a timetable.

Perhaps Joel Leonoff wants to cash-in his 9.77 million shares - worth over £57m - and retire to the Carribean.

They are going to have to prize these shares from my cold, dead hands.

Now the UK (Conservative) government plans to follow the lead of the French by announcing a similar ban on petrol and diesel vehicles from 2040. This strategic move must have long term implications for NG, and their contribution to the Future Energy Scenario suggests that NG will be fully involved.

I just love this company, it's one of the cornerstone's of my SIPP and is virtually bombproof.

CVC Capital Partners and Blackstone first approached (PAYSAFE) the company in May but their initial offer was rejected. Paysafe’s board has had four indicative offers since then. The announcement came within minutes of the Financial Times reporting that Permira, the London-based private equity group, had bought a 10 per cent stake in Klarna, a Swedish online payment company. It also followed French payments specialist Ingenico Group’s acquisition of Swedish rival Bambora for an enterprise value of €1.5bn.The sale of Bambora itself only came weeks after Vantiv, the credit card processor, agreed to acquire rival Worldpay for £7.7bn. Separately, Worldline, a French payments company, agreed to buy Digital River World Payments, a Swedish rival.consortium. This frantic activity has been triggered partly by the belief that the online payments sector is set to see radical transformation and robust growth as consumers increasingly ditch cash and cards, and move to mobile payments for goods and services. “If you go back five years, the online payments sector was like the plumbing of the banking world,” said a banker who has worked in such transactions. “Nobody cared about it.” However, the adviser added, now “strategic players and financial sponsors are wanting to get into the online payments sector because they think there is a lot of growth still to go”.

I think you may be jumping out a bit too quick as this is a "line-in-the-sand" bid and I would be surprised to see a retreat should the bid be rejected by the BOD. However, everyone is entitled to their own opinion and good luck to you. Me? I'm with Wolfhound as I think the company is worth closer to 800p than 600p.

This bid seems a bit low to me, especially as PAYS has also announced today having acquired for $470m the US-based Merchants' Choice Payment Solutions. It is disconcerting that 10% shareholder Old Mutual is supporting the offer, but I'd expect Joel Leonoff to be fighting his corner for an improved offer.

This name-calling is very distasteful, and wrong. My partner works in the AMEX "preferred" customer section, and most clients who use the concierge service will happily spend £2000+ a night on a hotel room, but want to fly with EZJ. Generally, the most important aspect in choice of destination is usually whether EZJ have a flight to a nearby airport. Why? Because the service is good value, and who wants to throw away money sitting on a plane?