Beazley Share Discussion Threads

[kirkie001] 24/7/2015 09:07

Very well received, and touched 328p in early trading this morning. I expect a pull back from here as they get digested (and particularly as colour emerges about the renewal rates decreases of 2% observed), but it remains an excellently run company.

Held for ages here - and it's never pulled back sufficiently in the 6 years or so that I've been able to load up as much as I'd like! A core holding.

[nigelmoat] 24/7/2015 07:49

Good Interims but nothing better than the market would be expecting. Can see this drifting back from current near all time highs as people bank profits. All imo/dyor.

[nigelmoat] 23/7/2015 08:30

Interim results due here tomorrow.

[edmundshaw] 16/7/2015 19:38

Went XD ages ago, but the price has recovered from that big divi plus a bit...

[yupawiese2010] 16/7/2015 18:12

For the record.

The interim results will be released on the 24th of July.
The interim dividend record date will be 7th of August
Dividend payment date 4th Sept.

Data available on the Investor relations company's website

[yupawiese2010] 16/7/2015 15:09

Gone XD !!!!!

[edmundshaw] 16/7/2015 09:13

Nice price now ex dividend...

[nigelmoat] 27/5/2015 10:23

JP Morgan Cazenove upgraded stock to 'overweight' this morning.

[harleymaxwell] 27/5/2015 10:04

Something happening here?

[kirkie001] 12/5/2015 13:29

Weakness this week probably due to 2015 being announced as an "El Nino" year: see hxxp://www.bbc.co.uk/news/science-environment-32704506 for an example.

[nigelmoat] 08/5/2015 05:16

Current price/earnings of 10.3x and yield of 6.5% have to be attractive value here.

[nigelmoat] 07/5/2015 08:08

Steady trading statement today - should easily maintain those good dividends.

[schofip] 12/4/2015 18:33

Thanks for your view Edmundshaw and effortless. Sounds like one thing less to worry about. However I still do not understand JPM putting such a low price target on a seemingly well performing stock.

[effortless cool] 11/4/2015 10:46

In my view, it is highly unlikely that Beazley have any exposure to oil price hedges. They would not be allowed to write that sort of business through Lloyd's and it is not the sort of thing that their non-Lloyd's businesses would normally do.

I wouldn't expect this sort of exposure to come into the insurance market at all.

[edmundshaw] 11/4/2015 10:18

schoflip, I think the main insurance is hedging, and that this is generally a derivative used to increase the financial security of various enterprises (i.e. not insurance companies in general).

For example, a low oil price is bad for oil producers, and associated oil services companies. A high oil price is tough on airlines and other companies with high energy requirements (cement manufacture, transport perhaps). So oil companies (like shale oilers and Ithaca for example) hedge against the low oil price - in some cases that has been critical to their survival - and on the other side presumably the airlines etc., with financial institutions doubtless making a few bets on their own behalf.

Not sure Beazley would be involved. Not really their line of business, I'd have thought. But perhaps some insider could be more categorical?

[schofip] 10/4/2015 10:57

Heres the link

[schofip] 10/4/2015 10:55

I have been scratching my head to try and understand the rational of JP Morgan putting a price of £2.55 on this stock when the price was in the region of £3.20.

I read a report on Bloomberg this morning that shale drillers in the US took out insurance against a fall in crude oil prices. In light of the subsequent fall in crude prices the Shale drillers stand to claim $26 Billion dollars and one of the main companies in providing this hedge was JP Morgan and "other unspecified insurance providers" Could it be JP Morgan know something we don't.

Had difficulty pasting link so search google for

Bloomberg The Oil Industry's $26 Billion Life Raft

[lazy sunday afternoon] 29/3/2015 19:33

Good strategy schofip. I feel the same way about losses too!

[schofip] 24/3/2015 12:19

Having reached my short term target I have sold some of my holding as my gut is telling me it could retest 280 and I would be back onboard with them. I am not negative on this stock and fully expect a prosperous future with them. Occasionally I take a back seat after a good run. I tend to lose more sleep over losses than missed opportunities.

[schofip] 19/3/2015 11:28

Shoesshoebedoman
If you are looking long term I would hold and buy on any dips.

If you are looking short term then you could take the advice of Deutsche Bank or JP Morgan or simply flip a coin Heads Buy Tails Sell both ways in my opinion have a realistic chance of being right LOL. There may be some chartists out there that may have a technical view. Another consideration is the AGM on Monday(I think) that might throw some light on the future and could influence the price.

[shoeshoebedoman] 19/3/2015 10:52

Do I buy more sell or hold confused

[schofip] 18/3/2015 09:53

Irnbru2 would not disagree with you. It just goes to show even so called experts don't agree. Also i suspect any recommendations they give have a hidden agenda.

[wasntreallysurewhatwasgoingon] 17/3/2015 19:19

I thought that too Mr Bru2.

Have either of them ever predicted a market crash..when?