Beazley Share Discussion Threads

[alex1621] 16/9/2021 13:04

There should be an update on trading next week, as they had one around that time last year.

[bg23] 16/9/2021 11:55

strange share price moves this week? marched up towards the recent highs only to reject over the next couple of days

[blackdown2] 02/9/2021 19:55

Big volume today.

[tournesol] 22/8/2021 20:48

Luderitz - are you asking me?

[tournesol] 22/8/2021 19:28

First time I bought BEZ was some years ago. I saw that the CEO had bought shares in the market at 93p (from memory). I bought the next day and paid less than he did = 89p or thereabouts. Sadly I sold very soon afterwards for 120p - thinking that a 33% profit in a few weeks was pretty good. Should have been more patient. Have since been in and out several times. Currently my biggest holding and see it as a LTBH core holding.

[ttny2004] 22/8/2021 18:56

I'm expecting an upturn share price wise soon. Think 400p has been found. Think we will start to see a new wave heading for 500 to 600p

[ifthecapfits] 12/8/2021 15:59

hTTp://uk.investing.com/equities/beazley-group-technical

[luderitz] 12/8/2021 15:51

Whats their current divi % please.

[robert0taylor] 12/8/2021 15:46

Happy to sit tight. Bought in at 184. 130% gain, oh and the dividends.

[tongosti] 12/8/2021 14:04

Nice one pal. I have 80% of the original on with the rest trailing firmly above entry and so looking forward to the next few days and weeks. Good weekend all.

[bg23] 12/8/2021 13:28

I've done similar at 365, 390 and today at 425. still got 40% of my original position at 304. very pleased with myself. lol.

[tongosti] 11/8/2021 09:24

Took a few off the table. Small portion but I love cashing in bits and pieces on the way up. GLA

[tongosti] 10/8/2021 10:43

Past 430ish (i do see some resistance around that level as the price is v overextended short term) we're looking at 540 next. Then your gap to 600 comes into play. The above can go wrong at any moment so managing risk is key so with that said - onwards and upwards!

[ttny2004] 10/8/2021 08:57

23 Jul 2020 share price of 455p needs to be broken and then large gap to be filled to 550 to 600p. This is turning into the solid momentum play that I was hoping. Together with Capita finally. Happy days!Just Costain to get moving.

[tongosti] 09/8/2021 13:39

What a champ of a stock. Well done Bez.

[tongosti] 06/8/2021 17:49

Top notch weekly close. Onwards and upwards chaps.

[tongosti] 03/8/2021 12:17

See my 774 on resistance levels. This baby is on the house now on this fresh b/o. Onwards and upwards.

[ianb5004] 03/8/2021 10:55

Good to see it break into 4,s. Was wondering where next resistance was as not checked.. Hopefully push on to £5.

[tongosti] 03/8/2021 08:14

Come on Bez. 430 is the next level chaps. Past that you're looking at 550.

[tournesol] 27/7/2021 18:22

Hi MB I take your point but I think we are talking slightly past each other. Car insurance or home insurance is a commodity. Those policies are churned out by the million by a large number of companies whose policies are created by cookie cutter technology following simplified underwriting rules. These companies do try to differentiate themselves to some extent in terms of market segment - so one insures old people and another does young people - or by adding bells and whistles. But essentially its a mass market product for clients whose needs are fundamentally very similar. But as I understand it Beazley makes its living by selling non-standardised unique policies which are not simply carbon copies of each other. So for instance they might insure a football tournament which includes a load of matches in different countries with a combination of complex inter-related risk factors. Heatwave in a world cup in the desert? Terrorism? Disease? Political difficulties? Of course other specialist insurers would quote for the same business but there are real differentiating factors between the insurers, their track records and their abilities to compute risks and exposures. That's what I was trying to say. And of course when specialist insurers develop very niche products/skills eg ransomware cover, then they can achieve a competitive advantage and a real point of differentiation. That's my line of thinking wrt Beazley.

[medieval blacksmith] 27/7/2021 17:27

tournesol Most insurance requirements are unique from the client's perspective but that doesn't make it unique from the insurer. A client can take its insurance needs to many companies in this space and get a quote for cover and eventually it will come down to cheapest quoted price versus confidence in claims delivery. If you offer a bespoke service then the more bespoke it is the more expensive your cost base is going to be. I think as investors we should be very careful not to take on the wishful thinking that insurance companies would like us to take at face value in that they sell unique product and that it is bespoke and therefore has durable competitive advantage and healthy margins. If the sector is witnessing healthy margins and excellent growth then it will, without a doubt, move towards commoditisation - like for example when hedge funds bundled into reinsurance. At the end of the day the competitive advantage (or not) with the likes of Beasley will be accuracy of their risk management in delivering the quote and not in the fact they have a unique product - which they don't.

[tournesol] 27/7/2021 13:34

I think that most if not all of their policies are bespoke or at least extensively tailored/adapted. They aren't belting out bog standard policies sold en masse to retail markets. They are insuring a lot of risks which are unique. Hence the importance of genius level underwriters and risk assessment as opposed to standardised premiums as applies in say car insurance. (apologies if egg sucking being explained here)