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Share Name Share Symbol Market Type Share ISIN Share Description
Catco Reinsurance Opportunities Fund Limited LSE:CAT London Ordinary Share BMG1961Q2905 ORD USD0.00013716 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 0.24 0.21 0.27 0.24 0.24 0.24 16,391,023 01:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 3.6 -3.8 0.0 - 56

Catco Reinsurance Opport... Share Discussion Threads

Showing 1126 to 1148 of 1350 messages
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
DateSubjectAuthorDiscuss
09/3/2014
16:18
CATCo's return of capital was a real pain for me. The $ receipt wasn't accepted into my CREST account and I had to ring up to get a cheque issued. After banking costs and the $ movement this capital return was actually at a loss of approaching 10% of cost. Getting really painful on the £/$ rate at the moment!
topvest
15/1/2014
14:48
jonwig Good link.Thanks. NAV not sure why up.
jaws6
15/1/2014
14:29
This article confirms earlier ones, that returns are weakening in the CAT sphere, hence the return of capital: Http://www.investorschronicle.co.uk/2014/01/09/shares/sectors/insurers-face-tougher-times-wSNuhV25vNPeRfMU0cikgI/article.html If anyone can't access it, I'll summarise. I'm a bit puzzled by the 2013 NAV increases just announced, but won't say more until I've checked.
jonwig
15/1/2014
14:18
RNS out on portfolio update
jaws6
03/1/2014
20:53
Anyone like to estimate what the Dec NAV is likely to be?
topvest
03/1/2014
10:11
plus same 20 c back next year would be extra bonus if comes in 2015.
jaws6
03/1/2014
09:57
topvest - agreed, and LIBOR plus 5% could look good in a few years' time.
jonwig
03/1/2014
08:42
I was thinking of selling my shares, given the surplus capital issues, but I will re-think now. Impressed with their capital discipline, rather than just growing their AUM they are doing the right thing which is to be commended.
topvest
03/1/2014
08:35
ok.Mine is in ISA. could not buy more today
jaws6
03/1/2014
08:19
jaws - won't matter if it's in an ISA. Mine aren't so I'll need to ponder!
jonwig
03/1/2014
07:42
jonwig is it ok in isa ,not expert on that. Thanks ,will check later with broker.
jaws6
03/1/2014
07:25
Return of value, 20c per share: http://www.investegate.co.uk/catco-re-ins-opps-fd--cat-/rns/proposed-return-of-value-to-shareholders/201401030700068219W/ The income alternative is the simplest to grasp, I think. (Though it doesn't suit HR taxpayers.) And of course there will be a 'normal' dividend to be announced next week, between 5c and 6c.
jonwig
06/12/2013
21:08
Seems a rather odd announcement today, given the share price is close to NAV. Lets wait and see what happens. At least 2013 looks a good year. It will be interesting to see what return they have generated. I suspect it's not as much as originally envisaged. Maybe too much capital around.
topvest
06/12/2013
08:08
jonwig Thanks, will wait for capital distribution in Jan then.
jaws6
06/12/2013
07:34
Today: In the event that there are no significant insured losses in respect of the 2013 investment portfolio, the Board of Directors would like to highlight that they are considering the viability, and the associated mechanics, for an opportunity for Shareholders to receive an additional distribution over and above the annual target dividend equivalent to LIBOR + 5% of net asset value. The exact nature of any such additional distribution, should it be made, has not yet been determined but it may take the form of either an income and/or a capital distribution to existing Shareholders. The Directors will seek to provide further information to Shareholders in early January 2014. The industry has warned that CAT bonds (and presumably other contracts) are getting over-priced, so it may be a case of returning money to shareholders rather than chase a bubble. Link to this assertion: http://www.ft.com/cms/s/0/5485cd20-276d-11e3-8feb-00144feab7de.html#axzz2mOZYCJgK
jonwig
03/10/2013
18:28
Nope, dan ... lots of storms = NAV attrition = higher rates further down. Twice I've managed to sell and buy back on the price action. Hence my monitoring - from a safe distance! It's actually interesting that IRIS and BCGR are quite becalmed. IRIS understandably, but BCGR promises a higher return than CAT.
jonwig
03/10/2013
18:19
Are you going to worry about every storm this year? This is a share for climate change deniers. There will be no hurricanes and the weather will remain stable forever :-)
danieldruff2
03/10/2013
17:50
Strong-ish today - a quiet season so far, maybe the reason? But watch Karen - she will if she wants to: hTTp://www.weather.com/news/weather-hurricanes/tropical-storm-hurricane-karen-20131003
jonwig
22/9/2013
11:43
The recent weakness of the dollar has been more significant... it's eaten up my profit here...
danieldruff2
22/9/2013
09:01
Typhoon Usagi: hTTp://www.insurancejournal.com/news/international/2013/09/20/305812.htm Insured losses "not expected to be significant". But that's dated 20 Sept: things could have changed by now.
jonwig
31/8/2013
13:58
Lets hope for boring...I remain a buyer
deepvalueinvestor
31/8/2013
07:09
BBC video - ...the recent rainfall in Mali could lead to increased Tropical storm activity across North America and the Caribbean. http://www.bbc.co.uk/weather/features/23903253 Key term; Inter-Tropical Convergence Zone. Can't find any corroborating links as yet.
jonwig
03/6/2013
06:43
Thanks jonwig. This period is also when the nav is loaded. I remain a buyer because I am so bearish on every other asset class. Statistically, one year without a major claim is possible too! Lets hope so.
deepvalueinvestor
Chat Pages: 54  53  52  51  50  49  48  47  46  45  44  43  Older
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