Lancashire Share Discussion Threads

[irnbru2] 20/7/2015 10:31

Dean,

Ok, but it would be marginal, if % rates go up by the small ammmont planned.

It must be something else.

[deanowls] 20/7/2015 06:27

Prospects of a rise in interest rates would mean them earning more on the amount of cash they have to hold no doubt.

[harleymaxwell] 20/7/2015 01:38

Consolidation

[woodcutter] 16/7/2015 15:33

HSX, BEZ, LRE all flying.

wc

[badtime] 16/7/2015 09:48

Results due soon..run up to them ..sell just before?

[woodcutter] 16/7/2015 09:47

well done, we all get it wrong sometimes the key is not to let your losses become too large.

woody

[effortless cool] 16/7/2015 09:41

No offence taken - a sadly accurate assessment of my skill in timing trades.

I closed for a loss a few days ago, but I'll certainly let you know when I'm back.

[woodcutter] 16/7/2015 09:38

shorting this chart looks high risk to me, particularly with two institutions buying recently and the potential for a break through resistance, risk reward looks too unfavourable, imv. If this is the beginning of a new trend then it can stay overbought for some time. Woodford had quite a strong following, those that buy his funds also buy into some of his stocks too, i know several investors who pick and choose from his portfolio.

On the other hand it migh revert back to a trading range between 600p and 675p, buy the troughs and sell the peaks.


free stock charts from uk.advfn.com

woody

[woodcutter] 16/7/2015 09:27

EC can you let me know when you plan to go short in future it seems a good time to top up:-))

no offence intended, my attempt at a little humour

woody

[effortless cool] 08/7/2015 20:20

Pah - what does he know?

[84buffalo] 08/7/2015 20:11

Woodford bought a few today.

[effortless cool] 08/7/2015 12:46

That's a risk for sure.

But to turn it around, I wouldn't go long because the insurance market is dire, there have been lots of large losses in H1 and we are now in hurricane season.

[harleymaxwell] 08/7/2015 12:43

I wouldn't go short with all the m and a

[effortless cool] 08/7/2015 09:43

Back for another try - I'm short again.

The Energy market, to which Lancashire has greater proportionate exposure than any other London Market carrier, is in crisis and Terrorism, another major class for Lancashire, is coming under severe pressure due to the introduction of further broker facilities.

In my opinion, the LRE top line will suffer dramatically and much of this will feed through to bottom line.

[alaneagle] 26/6/2015 21:46

Yes bru you could say that but heavy divs distort the picture. If you ex out the last 75p div it becomes a channel 600-700p.

[kilgallp] 23/6/2015 14:56

Been keeping an eye on these, on and off, since early this year, and wish I'd bought then! I am now looking to make a few changes to my portfolio atm.

Is it just me or is this forming an inverse head and shoulders?

[irnbru2] 03/6/2015 08:56

Great share, always the fall after the divi, but always the rise, for the next divi.

[extrader] 19/5/2015 15:02

Hi ursus,

And he's up to 14% on PLUS, IIRC.

I suppose that's what makes a market.

ATB

[ursus] 19/5/2015 14:08

Well - in the last week or so Odey has sold short another 1.2 m shares. The total short is over 12m shares now. Must be well out of the money by my calc's.

[harleymaxwell] 15/5/2015 12:01

Nice rise todayThis market must consolidAte I would expect further

[harleymaxwell] 11/5/2015 22:24

Entering hurricane season now which I think is a big exposure for many reinsurers - wonder how frequent m and a is at thus time?

[salpara111] 11/5/2015 13:02

Well, I took the Friday bounce to exit at 625 taking an overall loss of about 7% when I factor in the divis over the last 18 months so not a great investment but I can't get away from the underlying business environment.
I do think that there is still a possibility that they will be taken out but I have held stocks before on that basis and it has never ended well.
Now that I have sold you can doubtless expect a bid to arrive imminently!

[harleymaxwell] 08/5/2015 18:18

Agree. But the competitive environment brings consolidation and this must be an attractive company?

[salpara111] 08/5/2015 11:24

Not sure about that....I am a holder and must admit that I am considering using the euphoria of today to get out.
The divi is very attractive but their underlying business environment is still very difficult.