Novae Share Discussion Threads

[soundbuy] 23/9/2016 16:12

Well, disappointing of late though reassured by the Chief Underwriting Officer's purchase of 30k

Agree re off the radar and fallout re BREXIT pro leave vote comments above.

[hawaly] 23/9/2016 16:08

Yes they have a good yield but the next ex dividend date is at the end of April next year - who knows how the BREXIT negotiations will be progressing by then and there's the US election before that.... just my thoughts.

[janeann] 23/9/2016 14:40

but even without a possible bid the dividend is pretty decent at nearly 5% including special so on that basis alone one would have thought they were desirable! Perhaps too far off the radar of most?

[hawaly] 23/9/2016 11:47

I think a lot of people are hanging on for a takeover approach, their resilience is being tested by what looks like a general malaise in attitudes to anything financial post the BREXIT pro leave vote.

[janeann] 23/9/2016 09:16

surprised at the decline in share price especially given todays comment ...

The Company's outlook for the full year remains in line with previous guidance; as previously announced the Company will provide an update on Q3 trading on 9th November.

[soundbuy] 12/9/2016 15:49

Resilient today......

[janeann] 11/8/2016 14:57

Yes - it is steadily creeping up again; would be very nice if it gets to 900p, soundbuy

[soundbuy] 10/8/2016 10:16

Steady - resistance at 848-850p ish level - then 900p

[davr0s] 03/8/2016 08:49

Was quite relaxed about RNS going into the open. Hope they never put out a bad RNS if this is the reaction !

[soundbuy] 03/8/2016 08:36

Off the radar of most PIs.....liquidity wise not great so prone to 'lurching', which works both ways...

Agreed re T/O, a matter of time....happy holding though thought we'd see 850p before 750p again.......

[janeann] 03/8/2016 08:25

The share price action always seems surprising on NVA but the complete lack of response to what seems like a decent set of results is quite unbelievable.

[tintin82] 03/8/2016 08:02

Cannot fathom how this has not been approached for takeover. With Sterling plunge and a very solid business model surely there must be interest from overseas.

[soundbuy] 03/8/2016 07:56

Lot to like...

[18bt] 03/8/2016 07:26

Strong results - good move in investments from corporates to Govt debt must have really benefitted from Brexit, plus US$ portfolio from translation gain. NAV per share now 575p. Seems well placed and still prospective yield of over 4%.

[tintin82] 03/8/2016 07:14

Very solid results. Impressed with the new investment strategy and subsequent returns. Very positive comments re Brexit 'confident will flourish regardless'

[davr0s] 26/7/2016 19:36

I'm in for a swing up to 900p

[soundbuy] 21/7/2016 11:52

Fair vols and not even midday........

[tintin82] 20/7/2016 04:57

Apologies for waking this thread from its slumber! Anyone any views on how Brexit will affect nva. Or the drop in Sterling? Must be a seriously attractive takeover target these days?

[18bt] 11/5/2016 07:39

Good IMS follows trend of Hiscox yesterday. But 3 months benign claims don't make the underwriting year. Wonder how they increased investment return so much?

[brancho] 21/4/2016 12:03

Divi 42.5p so fall about right

[janeann] 21/4/2016 10:22

x dividend today I know but surprised it has fallen quite this far .....

[crazycoops] 14/4/2016 15:38

Very good write-up on NVA by Roland Head on Stockopedia:



I'm long NVA and yes hawaly, it's nice to have a quiet thread - a positive indicator that I am beginning to pay more and more attention to.

[hawaly] 18/3/2016 13:38

Nice quiet thread too.

[shauney2] 18/3/2016 11:37

Trying to break through the highs.A while before the big dividend so plenty of time.

[tintin82] 20/12/2015 21:20

Catching up on various publications over the weekend and see Shares have a very positive article on M&A focussing on Novae.

The sell-off in
Lancashire’s (LRE) shares
in early December 2015
may have prompted some
investors to believe it could
be next in line if a predator
takes advantage of share
price weakness.
We don’t share this
view, instead believing
Novae (NVA) is the most
likely of the four Lloyd’s
underwriters left on the
stock market to receive a bid.
Buy at 869.5p.