Aston Martin Lagonda Glo... Share Discussion Threads

[eeza] 05/5/2015 16:34

This is the best time of day - when it's in final auction.

476 BID
446 OFFER


Lolololol - Dream on.

[tanelorn] 05/5/2015 16:18

Bought at 447 x 15k happy to hold for a year, lets hope dollar/gbp isn't too bad for premiums/margin.

[eeza] 05/5/2015 09:52

Scallys still forcing it down.
RSI nearing the zero bound.

All the lucky people about to get their wish for 430p - let's see how many actually fill their boots.

Except now there will be a new set of fools wishing for 400p.

350p

300p

etc

[benchmark] 28/4/2015 22:32

As I have grown older my investment time-horizons have shortened and my aversion to risk has grown appreciably!

[eeza] 28/4/2015 14:26

But you need a longer life to take advantage.

I want mine - now.

[sirhedgealot] 28/4/2015 14:14

I wish the was more long term income about.

[speedsgh] 28/4/2015 13:21

Agreed. Therein lies the risk but it helps having a very long term view. So long as a business's fundamentals stack up + it continues to perform both operationally + financially, the quality will show through over the long term in spite of the market's ups + downs. I should also point out that my primary focus in all investments is long term income.

[eeza] 28/4/2015 13:07

Sometimes the Market is right.

[eeza] 28/4/2015 12:22

Lol !!!!

When it gets to 430 someone else will be wishing for 400. And then someone else will be wishing it down to 350 - then 300 etc

Oddly enough when i invest in a Co I want it to go UP.

Weird innit?

[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.