Share Name Share Symbol Market Type Share ISIN Share Description
Lancashire Holdings LSE:LRE London Ordinary Share BMG5361W1047 COM SHS USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.50p -0.50% 692.50p 692.50p 695.00p 702.00p 689.00p 702.00p 364,876.00 16:30:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 447.3 121.8 62.4 11.3 1,381.54

Lancashire Holdings Share Discussion Threads

Showing 1076 to 1097 of 1100 messages
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DateSubjectAuthorDiscuss
22/3/2017
14:55
Last time I checked my statement at Interactive Brokers [20/3] they had the accrual at 8.06731p. But from past divs IB do not apply the FX fix rate set at noon on the Record-Date, rather they continue MTMing it right up until the Pay Date - annoying. So maybe you're right GSB, just ensure your broker doesn't similarly MTM the FX rate, before going out and spending it ;)
jrphoenixw2
22/3/2017
14:23
Final dividend showing in my account as 7.96337p per share.
gsbmba99
21/3/2017
15:45
Sure, the 'special' is underwriting/claims contingency held in case of claims for major losses. Get a major hurricane, oil rig disaster or similar, and first step might be checking LREs underwriting exposure [if any]. So it follows that if there are no such major claims during a reporting year, then they have excess capital on their books which they return to shareholders.
jrphoenixw2
21/3/2017
10:14
There's a useful overview of the capital allocation and return process over the course of the year on slide 18 of the Autumn 2016 investor day presentation. (Http://www.lancashiregroup.com/content/dam/lancashire/corporate/documents/Results%20Reports%20and%20Presentations/Presentations/2016/Investor%20Day%20Presentation%20-%208%20September%202016.pdf.downloadasset.pdf). The slide suggests that the ability to pay a special dividend is dependent in part on performance during hurricane season.
gsbmba99
15/3/2017
06:36
Thanks for^, noted. Meanwhile as I have it open here is the Notice of AGM for 3-May. hxxp://tools.morningstar.co.uk/tsweu6nqxu/globaldocuments/document/documentHandler.ashx?DocumentId=129165804
jrphoenixw2
14/3/2017
13:59
Don't really make anything of it. Going by what has happened previously, no info relating to 2017 dividend payments will be released until Q2 Results currently scheduled for 27 July. Bearing in mind that the core interim & final dividends are fixed at USD 0.05 & UDS 0.10 respectively, the next interesting news re dividends will not be until Q3 Results in Nov, although there may be some gentle indicators contained within Half Year (Q2) results. HTTP://www.lancashiregroup.com/en/investors/events-calendar.html#category1
speedsgh
14/3/2017
13:40
Thanks for the above, so what do you make of this from Stockopedia?: 'Upcoming LRE Events Wednesday 3rd May, 2017 Lancashire Holdings Ltd Annual Shareholders Meeting Thursday 4th May, 2017 Q1 2017 Lancashire Holdings Ltd Earnings Release Thursday 27th July, 2017 Q2 2017 Lancashire Holdings Ltd Earnings Release hxxp://www.stockopedia.com/share-prices/lancashire-holdings-LON:LRE/
jrphoenixw2
14/3/2017
13:12
jrp - Think you are getting confused? The next dividend payable will be the interim dividend (paid in Aug/Sep). This is announced in the Half Year Results which are usually released at the end of July. As per 2016 Interims - HTTP://www.investegate.co.uk/lancashire-hld-ltd--lre-/rns/half-year-report/201607270700113195F/ Then, if payable, the first special dividend (paid Dec) is announced in the Q3 Results which are usually released at the start of Nov. As per Q3 Results 2016 - HTTP://www.investegate.co.uk/lancashire-hld-ltd--lre-/rns/3rd-quarter-results/201611030700091933O/ And then the final dividend - and any second special dividend, if declared - are paid in Mar/Apr. Details of this are announced in the Final Results which are usually released in Feb. As per the most recent Final Results for 2016 - HTTP://www.investegate.co.uk/lancashire-hld-ltd--lre-/rns/final-results/201702160700060160X/ Any dividend information contained within the Q1 Results is usually historical & refers back to the dividend already announced in the Final Results and which, by the time of the Q1 Results, will have already been paid. For example, from last year's Q1 Results : "During the first quarter of 2016, the Lancashire Board of Directors declared a final dividend in respect of 2015 of $0.10 (£0.07) per common share. The dividends, totalling $19.8 million, were paid on 23 March 2016 to shareholders of record on 26 February 2016. The Group will continue to review the appropriate level and composition of capital for the Group with the intention of managing capital to enhance risk-adjusted returns on equity." See HTTP://www.investegate.co.uk/lancashire-hld-ltd--lre-/rns/1st-quarter-results/201605050700122952X/ Aimho
speedsgh
27/2/2017
15:35
So rate applied was circa 1.2563, putting Yahoo and DailyFX closest. I'll look at those first re: the hopefully fatter Xmas div. ps. When they say 'or approximately £0.0796' I wonder what that means, since they surely know the precise rate and sum.
jrphoenixw2
27/2/2017
13:40
HTTP://www.lancashiregroup.com/en/investors/shareholders/dividend-history.html On 15 February 2017 a final dividend of $0.10 (or approximately £0.0796) per common share was declared. The dividend will be paid in Pounds Sterling on 22 March 2017 to shareholders of record on 24 February 2017.
speedsgh
27/2/2017
13:33
Lancashire website (Investors>Shareholders>Dividend history) showing £0.0796.
gsbmba99
25/2/2017
03:02
Will be just under 8p.The GBP/USD around 12 Noon Feb 24 was 1.2520.
garycook
24/2/2017
17:36
I wasn't home, but looking now between 1.24 [Forexlive] and 1.2552 [Yahoo and DailyFX]
jrphoenixw2
20/2/2017
14:37
Hmmm.Would love to buy some again at 530p !!!
garycook
20/2/2017
14:12
Macquarie issues a broker note on Lancashire Holdings Ltd - HTTP://www.investegate.co.uk/News/broker-forecast---macquarie-issues-a-broker-note-on-lancashire-holdings-ltd/715037/ Macquarie today reaffirms its underperform investment rating on Lancashire Holdings Ltd (LON:LRE) and raised its price target to 530p (from 489p).
speedsgh
19/2/2017
12:31
Enjoyed reading Speeds article.LRE are very shareholder friendly.After first buying in Jan 2015,I have since trebled my holding which now owes me £4.64 a share,with dividends reinvested.So dividend income for 2016,worked out for me at a 15.4% yield.So personally it is a great core holding.Good to see LRE holding cash for maybe another purchase,or return part of it to shareholders in the payment for the Dec 2016 Special dividend.
garycook
18/2/2017
14:41
The 10% figure still almost surprises me, but it reflects the risk you take when so much [hopefully] comes in Special divs. I wonder to what extent the profit-taking was accentuated by the holiday weekend in the US [Monday=Presidents Day]. If at all. These seem rather nervy times, so profit-taking on a Friday appears par for the course these days. ps. There were some useful insights given in Maloney's talk/analysis [thx Speeds for linking, I don't think I've seen such a transcript for past meetings and it was interesting]. What struck me is how they're strategically de-risking, and running heavy with cash. Either they find good use for it, or hopefully it'll be returned in due course.
jrphoenixw2
18/2/2017
11:04
Phoenix,ADVFN Financials are now showing a rounded up figure of 73p for the yearly div,s,so you are spot on.Shame about the profit takers yesterday.But would have taken 719,before the results announcement.So up over 5% after results.Happy with all at LRE.Fair play to Minerve taking his profits.Just like to know the company he purchased with the proceeds of LRE.
garycook
18/2/2017
03:15
The FX rate for the div will be set at noon on the R/D 24-Feb. On the previous div we watched the FX rate on the R/D to get a feel for the rate that would be applied: In post 996^ I noted: ------------------------------------------ 'Google suggests these two give live rates: https://www.dailyfx.com/forex-rates hxxp://www.forexlive.com/LiveQuotes Might be interesting to compare these channels vs the actual applied. Perhaps give us a decent data source for future big divs...' ------------------------------------------- and after the rate was eventually published it turned out these two sites were the closest of the several sources we looked at on 14th-Dec [R/D]. Of course it's a small div this time, so no big deal. But just wanted to mention it since after all the talk of trying to divine the rate on the R/D, the best source/s didn't get highlighted. ps.And since I'm doing numbers this morning ... The current, running or trailing yield = divs over the past year/current share price If an estimate is included for the latest div it looks like this: X/D Aug/16 = 3.807p X/D Nov/16 = 60.404p X/D Feb/17 = 8.058p [estimated, 10 cents at 1.241] Total = 72.269p; Current share price = 719p; = Current Yield of 10.05%
jrphoenixw2
17/2/2017
12:31
Worth a read if/when you have the time... Lancashire Holdings' (LCSHF) CEO Alex Maloney on Q4 2016 Results: Earnings Call Transcript - HTTP://seekingalpha.com/article/4046798-lancashire-holdings-lcshf-ceo-alex-maloney-q4-2016-results-earnings-call-transcript?part=single
speedsgh
17/2/2017
11:19
Sometimes I find myself digging back on these boards looking for deeper context around results and how the share price reacted. To that end maybe this [Evening Standard, yesterday] might yield some value in future... -------------- 'Insurer Lancashire Holdings notched up its best day on the stock market as shares surged on better-than-expected annual results. The FTSE 250 company managed to blow analyst forecasts out of the water for the final three months of the year despite turbulence in the industry. It made a pre-tax profit in the final quarter of $51 million (£41 million), slightly higher than last year thanks to a strong underwriting performance. UBS analysts had pencilled in a sharp fall, but admitted the result had come in about $20 million, or 64%, higher than they expected as Lancashire “side-stepped some of the larger losses in the market”. The $150 million annual profit was also about $20 million higher than Peel Hunt predicted. Chief executive Alex Maloney warned that market conditions would remain “difficult for the foreseeable future”, but this did not put investors off, with the added fillip of a special dividend to keep them interested. [*JRP*>Presumably the one that should be due in Dec-17?] The shares, which were initially floated on AIM in 2005 before Lancashire upgraded to a full listing, leapt 60p, or 9%, today to 740.5p — their biggest-ever one-day rise. Lancashire was the mid-cap index’s best performer by some distance and its surge stood out on a day when stocks fell. ---------------------- http://www.standard.co.uk/business/market-report-lancashire-holdings-has-best-ever-day-on-market-a3468566.html
jrphoenixw2
16/2/2017
14:28
I've sold out. Could go higher but wanted to reinvest in another company today. Record high and no real sign of a re-rate is enough for me. Good luck.
minerve
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