Jardine Lloyd Thompson Share Discussion Threads

[johncalvert] 03/7/2006 10:44

We had another day like this on June 14th. Evidently JLT shares are prone to move a lot on relatively small volume. There are sector consolidation hopes swirling around. There has been talk of an offer from Benfield and that JLT may buy the insurance arm of Heath Lambert. Meanwhile I hold on for the dividend and wait for developments.

[danny murphy] 03/7/2006 09:42

395p +23p. Why the big increase. Query takover rumours!!!

[jimbob220] 16/6/2006 09:20

If the Benfield story is substantiated, it will be interesting to see what happens to Benfields share price as they're seen to be fully priced.
There is a lot of work to be done with JLT's largest shareholder as any bid could be blocked by them.
Manda - what are your thoughts?

[harleymaxwell] 15/6/2006 14:04

presumably longs closing now?

[bot53693752467] 15/6/2006 13:04

i guess that would make more sense

[mandafund] 15/6/2006 12:22

Looks as though Willis are having a sniff!

[bot53693752467] 15/6/2006 09:59

ok, takeover speculation. what the hell

[techair] 15/6/2006 09:58

By Jon Menon and Alexis Xydias
June 15 (Bloomberg) -- Shares of Jardine Lloyd Thompson Plc,
the U.K.'s second-biggest publicly traded insurance broker, surged
21 percent on speculation the company is a takeover target.
The shares rose as much as 71 pence to 416 pence and traded at
405 pence as of 9:31 a.m. in London, valuing the company at 851
million pounds ($1.57 billion).
The company ``is in an area that has been the focus of
consolidation for some time,'' said Lawrence Peterman, investment
director at Eden Financial in London. ``I wouldn't be surprised if
we get an announcement, one way or another, after this jump.''
Jardine Lloyd spokesman Barrie Cornes declined to comment.

[bot53693752467] 15/6/2006 09:51

merger speculation apparently

[betman] 15/6/2006 09:39

have you got a source for benfield story
is it a bid or merger

[bot53693752467] 15/6/2006 09:29

benfield speculation apparently

[woozle1] 15/6/2006 09:22

Short covering or bid. If no announcement, short covering.

W

[bot53693752467] 15/6/2006 09:21

disgusting

[inv] 15/6/2006 09:13

up 61p today and no news

[inv] 15/6/2006 09:12

is this the long awaitrd bid?

[inv] 15/6/2006 09:11

this is flying.

[mandafund] 15/6/2006 08:29

Looking stronger now on the back of Benfield's news of better prospects.
Perhaps £3 was a tad low for this week, give it to the end of the month.

[rabain] 14/6/2006 15:57

Would you like to revise yesterday's prediction, mandy? ;-)

[mandafund] 13/6/2006 16:18

Further downward pressure today, I suspect not just the state of the general market, this is going sub £3 by the end of the week.

[chitty] 12/6/2006 07:52

intresting play suspect new managment getting to grips with the key issues.

[danny murphy] 06/6/2006 17:00

343.5p maybe getting interesting.

Jimbob, can you quote from where you got your info from ??? re Staff leaving etc etc

[rabain] 25/5/2006 18:52

Jimbob, JLT were making quite a bit of the fact that they had been recruiting heavily recently, is that because they were expecting to lose people? Thanks for your info.

[jimbob220] 25/5/2006 16:44

.... another 5 senior producers on the non-marine side have gone...

[mandafund] 16/5/2006 10:02

Thanks Jimbob, would expect the price to go down on this news, this can't be an attractive proposition for them, Heath Lambert have really been struggling over the past five years. Perhaps JLT are hoping this will push their share price down lower to assist them in their ultimate goal of taking the company private. Imho.