Aston Martin Lagonda Glo... Share Discussion Threads

[lord gnome] 28/4/2015 11:13

I'd certainly vote for 430 to allow me to load up. FWIW I reckon we won't get much below 460. It has provided support / resistance a couple of times before (Oct / Dec). 430 would be too much of a gift.

[speedsgh] 28/4/2015 10:31

eeza - I do hope so! However not so sure it will fall that far. Rising support at c455p.

[eeza] 28/4/2015 10:20

Scallys have got the bit between their teeth today.

Looks like a re-visit to 430.

[wllmherk] 25/4/2015 07:33

im tempted to buy in here and LRE,

wllm

[eeza] 24/4/2015 14:23

Scallys out in force again.

No collusion - just telepatic

[rcturner2] 24/4/2015 09:06

Thanks guys, much appreciated.

[hooley] 23/4/2015 20:39

RCTurner 387 Catlin was valued by XL at just under 7X optg cash flow. CGL never paid specials. I did trade in this one, but it achieved under 13% return on equity. It was overcapitalised in my view, hence the bid.

[lab305] 23/4/2015 17:43

RCTurner2 - I compared the two just over a year ago on fundamentals and this one came top so I bought it. As things turned out I should have bought Catlin, but I did my research .

[rcturner2] 23/4/2015 15:59

Hooley, out of interest what were Catlin's numbers when it was taken out?

[hooley] 22/4/2015 22:44

This business is best valued on the operational cash flow multiple. Last year AML generated 70p of cash, putting it on a multiple of under 7. Specials are declared when the coy has a surplus of cash. A return on equity of 14% completes the picture. The current fallout is an opportunity to buy an a year's view.

[edmundshaw] 22/4/2015 14:16

I do not think it is wise to value this kind of insurance company on trailing PE. As with oilers, this type of business just does not have the right profile.

FWIW, PE is generally my favourite measure, when adjusted appropriately.

[hooley] 22/4/2015 13:39

MMs making a meal of share price Down over 5% xd from top at 525p. A repeat of LRE post xd performance, the bounce afterwards has been around 20%. It's not as if there's been net selling of AML? Provided there isn't mass-suicide in the form of a Marxist government after 7/5, the share price should climb back to 560p over the next few months.

[cwa1] 22/4/2015 11:00

Morning All

Been out of here for a while but just been tempted back in for a nibble at 465, good luck all.

[lab305] 22/4/2015 10:21

Crossed below a PE of 10 this morning so bought another 10k shares.

[edmundshaw] 20/4/2015 11:13

What is that after costs? 3%? A gain, sure, but quite a small one...

(Remember you have to account for the missed dividend of 34p.)

[eeza] 20/4/2015 09:23

XD for 5% - down 10%.

Makes perfect sense.

[lab305] 20/4/2015 09:05

Bought back in this morning at 472p having sold at 525p. 10% down I judged was enough without any bad news, indeed they are doing well. Over 5.5% yield will do fine.

[lord gnome] 18/4/2015 09:57

LOL - five years may be ok for you young types. Some of us old farts won't be here in five years time. Long term investing is a relative concept at my age.

[killieboy] 17/4/2015 19:16

spob - ok let's hope for a market crash on Monday - say 40%-50% then we can all top up cheap and watch our investments rise for the next 5 years!

[eeza] 17/4/2015 12:45

XD again today - deja vu all over again?

[deanowls] 17/4/2015 01:30

I grew up with that saying spob, love it.

I was extremely happy to be buying anything at 5300-6000 ftse as with 25 years to retirement it gave ma more safety with the fundamentals and a bigger divi pot. My advisor did say though that everyone wants a u shape investment drop the day before buying add at the bottom rise the day before selling, if only!

[spob] 17/4/2015 00:08

Killieboy

Pretty obvious is it not

Why would you NOT want to buy as cheap as you possibly could, with a much higher margin of safety ?


eeza

What you want and what you get are two different things

[eeza] 16/4/2015 19:21

If the market tanked every time someone wanted to top-up we'd all be emaciated & bankrupt.

I always want the market to rise - weird ain't it.