Member Info for Paradisewanted

Fifteen million shares bought v 5 million sold. There are loads of investors who think this share is trading cheap so are grabbing this at bargain price.

Hopefully this momentum will carry price to £1.00 - £1.15 in the next few trading days.

Without doing any maths, I would imagine M&S would not sell company for anything less than £290.30 per share.

I have just seen a post on investing.com website, “ there are rumors Chinese Capitalists are eyeing it.“

Anyone, is there any truth to this? If so what’s fair value for this stock?

This is a very old Solid business which not alone is down due to COVID-19. Various sectors are up and down today it’s M&S. This is too good price to buy before it shoots back up to minimum £1.00 - £1.15 by next week.

Vow we had awesome volume today 3,030,978. Bought volume is way high double to sold at 2,087,843.

That’s great news - looks like Redrow is about to be brought out. What price is fair bid value for Redrow? At least double to today’s closing price. ??????

Oh dear as I posted this is frightening news!!!

It’s not looking good for Hiscox- 16060 people dead in UK alone. There are also credible reports about 7500 deaths in care home. These are horrible numbers so 23000 odd deaths. 40,000 deaths in USA. 0ver 100,000 dead in Europe. This is going to add huge claims sending this share to new lows. Too risky for me.

Any ideas on how low this is going to drop!!!

COVID-19 - government has extended curfew to at least another three weeks. This is going to add more claims as more firms out of business for longer. Unfortunately Hiscox is going to face a higher bill than previously assessed!!! Strong sell as this is going to re-test lows!!!

If investors want to be cautious. This might re-test low of 6.54 before resuming to recover to at least towards £11-12 because trading volume is very high.

On approximately 2-01-2020 price was 13.69 on trading volume of approximately 912,000 plus. We already have trading volume that’s going to go way above 912,000. It’s actually about 850,000 right now.

Due to COVID-19 it’s nearly halved. It’s high was around £18.

Week ago share price was just under £11. Bad publicity justified or unjustified dropped it to under £7. News release has proved quite a lot of bad publicity was in fact unjustified. News release was not a lie and shows Hiscox’s resolve to continue to pay only liable claims.

Let’s see if get a bounce from these lows on USA opening. I expect we have a bounce to re-test today’s high of 7.75. I like to think we have intelligent investors who can assess improving COVID 19 situation, lockdown loosening, market sentiment along with Hiscox stating very clear position on limited exposure to only valid claims.

News release was very transparent setting out exactly what’s covered and minimal impact on business. Where liable they are paying valid claims. Hiscox made it clear will supply further details to back up their news release in a week. There is no need for investors to be unduly frighten and over react. Price is already lower this week on over reaction. My only criticism is News release should have come earlier. This will go back up with the same speed it came down particularly next week. Lockdown is being relaxed because situated is now very well controlled.

Check out news in following link:

Most small UK companies have no pandemic insurance - watchdog - https://uk.investing.com/news/stock-market-news/most-small-uk-companies-have-no-pandemic-insurance--watchdog-2096252

I agree other insurance companies have already issued guidance to ensure their clients’ have a clear understanding to avoid any misconceptions. Market value has already come down from approximately 7 billion to today’s about 2.5 billion.

Price drop is excessive and should re-adjust upwards to a range of £11 to £13 pounds short term 1-2 weeks before settling as we recover from this regrettable virus.

The market believes COVID is slowing down so humanity is going to recover sooner than later. USA is discussing pumping another one trillion dollars. Europeans are also meeting today to consider pumping more stimulus package into economy.

That's great but where did u get this information ?

Director 's brought heavily confirmed by RNS. The Director 's will not risk their hard earned money if they can't make money for themselves and the company. They must know the facts and figures to make profits on their investments. They obviously expect share price to increase significantly beyond purchase price, otherwise they would not have brought at these prices. Question is how high beyond these prices?

Director 's brought heavily confirmed by RNS. The Director 's will not risk their hard earned money if they can't make money for themselves and the company. They must know the facts and figures to make profits on their investments. They obviously expect share price to increase significantly beyond purchase price, otherwise they would not have brought at these prices. Question is how high beyond these prices?

When is the next FTSE Reshuffle due? Institutions will be forced to buy this to balance their portfolios. When this happens so will move sharply higher.

This supports material view that share price will go North towards £3.68 by end of next week or so. Institutions will be forced to buy to balance their portfolios. When is the next FTSE100, 250 and 350 due?