Acorn Income Fund Ld Share Discussion Threads

[davebowler] 26/1/2011 18:14

NET ASSET VALUE as at 14 January 2011

The Company announces that the net asset value of an Ordinary Share as at the above date was 200.05 pence

[davebowler] 18/1/2011 10:57

NET ASSET VALUE as at 31 December 2010

The Company announces that the net asset value of an Ordinary Share as at the above date was 194.78 pence.

[davebowler] 12/1/2011 09:43

NET ASSET VALUE as at 17 December 2010

The Company announces that the net asset value of an Ordinary Share as at the above date was 192.25 pence.

[davebowler] 04/1/2011 11:01

16 sept , and then 29 Oct , the date of my first posting.

[badtime] 30/12/2010 21:19

when did u jump in on these dave

[davebowler] 30/12/2010 17:11

Dec 10 net asset value of an Ordinary Share was 186.96 pence.

[davebowler] 21/12/2010 13:04

NET ASSET VALUE as at 3 December 2010

The Company announces that the net asset value of an Ordinary Share as at the above date was 184.26 pence

[davebowler] 13/12/2010 15:42

Now 10% below NAV;

The Company announces that the net asset value of an Ordinary Share as at the
above date was 180.60 pence.

[davebowler] 03/11/2010 13:54

The Company announces that the net asset value of an Ordinary Share as at the
above date was 182.69 pence.

[davebowler] 29/10/2010 12:16

This is about 18% below asset value and could be wound up next year.

[nockybalboa] 08/4/2006 08:41

Those boys over at www.fairshare.biz seem to be in the know as usual

[washbrook] 21/1/2004 14:35

energyi
This has nothing to do do with Acorn Investment Trust.
The shares have rallied from 50.5p on 22.4.2003 to 107p that is 112.7%

[energyi] 18/11/2002 19:25

ACCEPTANCE INSURANCE CO. (AIF)

YES: VERY BIG RISK INDEED
Ashley,
Will you take a look at this troubled Insurance company (AIF)?



Market Cap has plummetted to $8.8mn. Can it survive?? Or get sold?
- - - - -
Acceptance Insur 3rd Quarter Crop Insur Underwriting,Operating Loss $62 Million
Friday November 15, 5:50 pm ET

WASHINGTON -(Dow Jones)- Acceptance Insurance Cos. said it recorded a loss of about $62.2 million from crop insurance underwriting and operations for the three months ended Sept. 30.
According to a regulatory filing with the Securities and Exchange Commission Friday, the loss was primarily because of a widespread drought and other abnormal growing conditions throughout the company's area of operations.

"The company is reviewing the potential effects of the estimated third quarter financial results in terms of the need to reduce the value of its goodwill and deferred taxes, as well as various other costs. In addition, the company continues to discuss strategic transactions," it said in the filing.

The company said its property and casualty underwriting operations, now in runoff, generated an estimated loss of $6.1 million, including an addition to previous reserves of $5.4 million.

Acceptance Insurance said its assessment of the third-quarter loss and the resulting impact throughout the company would delay the filing of its quarterly report with the SEC.

Omaha-based Acceptance Insurance provides specialized crop, property and casualty insurance products throughout the U.S
- - -
Why pick up AIF
by: intelliinvesting (42/M) 11/17/02 10:55 am
Msg: 1754 of 1762


Look under above from RMA for an business report for 2002.
Compare with 2000.
Bottom line is that loss ratio for combined business has actually decreased compared to that of year 2000.
Consider this.
AIF made 50 million net profit in 2000. (reported in SEC) yet premiums written were less than half of year 2002 premiums written.
Therefore with more than double the premiums written AIF will make a net profit way over 50 million. Isn't is obvious why there will be buying or merging interest in AIF. Stock value ( market cap) grossly understates the true value and future potential.
Does these bashers know that you have to buy a license to provide this insurance in each state?
:LINK: