We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Conduit Holdings Limited | LSE:CRE | London | Ordinary Share | BMG243851091 | COM SHS USD0.01 (DI) |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 1.00 | 0.20% | 509.00 | 252,037 | 12:02:05 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 508.00 | 510.00 | 510.00 | 505.00 | 510.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Fire, Marine, Casualty Ins | USD 255.5M | USD 190.8M | USD 1.1547 | 4.41 | 839.42M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 12:05:44 | O | 74 | 509.60 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 04/9/2024 | 15:36 | UK RNS | Conduit Holdings Limited Director/PDMR Shareholding |
| 14/8/2024 | 12:24 | ALNC |  IN BRIEF: Conduit Holdings CEO Trevor Carvey buys GBP50,000 in shares |
| 14/8/2024 | 07:00 | UK RNS | Conduit Holdings Limited Director/PDMR Shareholding |
| 31/7/2024 | 12:03 | ALNC | Conduit hails jump in reinsurance revenue amid favourable conditions |
| 31/7/2024 | 07:00 | UK RNS | Conduit Holdings Limited Interim Results for the six months to 30/06/2024 |
| 22/7/2024 | 16:51 | UK RNS | Conduit Holdings Limited Notice of Results |
| 12/7/2024 | 18:21 | UK RNS | Conduit Holdings Limited Holding(s) in Company |
| 24/6/2024 | 07:00 | UK RNS | Conduit Holdings Limited Director/PDMR Shareholding |
| 24/6/2024 | 07:00 | UK RNS | Conduit Holdings Limited Director/PDMR Shareholding |
| 12/6/2024 | 12:48 | UK RNS | Conduit Holdings Limited Holding(s) in Company |
Conduit (CRE) Share Charts1 Year Conduit Chart |
|
1 Month Conduit Chart |
Intraday Conduit Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 24/9/2024 | 11:26 | New insurer Conduit to take advantage in a hardening insurance market | 95 |
| 31/10/2021 | 20:58 | RIDING ALONG ON THE CRESTON WAVE | 4,931 |
| 23/11/2012 | 13:57 | Proposal to remove renumeration committee | 13 |
| 06/12/2005 | 11:19 | Creston gets REAL | 1,084 |
| 14/9/2005 | 19:42 | Claude Resources: "Treat mining like a business" | 4 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 11:05:45 | 509.60 | 74 | 377.10 | O |
| 11:02:04 | 509.00 | 200 | 1,018.00 | AT |
| 10:51:14 | 509.00 | 653 | 3,323.77 | AT |
| 10:51:14 | 509.00 | 1,135 | 5,777.15 | AT |
| 10:51:14 | 509.00 | 99 | 503.91 | AT |
| Top Posts |
|---|
Posted at 03/10/2024 09:20 by Conduit Daily Update Conduit Holdings Limited is listed in the Fire, Marine, Casualty Ins sector of the London Stock Exchange with ticker CRE. The last closing price for Conduit was 508p.Conduit currently has 165,239,997 shares in issue. The market capitalisation of Conduit is £841,071,585. Conduit has a price to earnings ratio (PE ratio) of 4.41. This morning CRE shares opened at 510p |
Posted at 24/9/2024 10:36 by 2magpies elbruss55 & eigthwonderI doubt if NE & TC have entered this venture with a 'long-term' view (as they are not 'young-guns' of the sector, as it were). And a pro rata book does have a tail! Fatten up the golden goose, and flog it off, methinks, and then, finally, retire to some enchanted isle (not Bermuda, for sure! Ha ha!) Perhaps CRE is just a thrilling, tax-exempt, career swan song for them both? (btw, chart: could be an inverted IHS, or could breakdown --- interestingly poised) |
Posted at 24/9/2024 10:22 by eigthwonder They're both right in that it reflects what they believe are their strengths; Beazley have been doing cyber long enough that they probably think they know what they are doing, whereas if Conduit think they don't have the expertise on board they aren't going to be involved. But back to my original point, Beazley are more like a B2C business and Conduit a B2B business - with a little less granularity and broader spectrum of risks, and likely more price driven. And pricing is as much driven by the cost and availability of capital as it is customer demand |
Posted at 18/9/2024 09:40 by 2magpies eigthwonderNE and TC have been around for a very, very long time, through multiple market cycles. Yes, their's is a reinsurance portfolio (and pro rata to boot), but it would be surprising if they did not have 'detailed knowledge' of the individual reinsureds. NE has a track record of making money at Benfields and for making mega-bucks from sale of Climate Exchange (where he was CEO, I believe). It would be a big surprise, to me at least, if NE entered this eterprise without a VERY clear eye on an exit strategy. I'll say it again: IPO was @£5. Any exit price would have to be significantly above that for NE to say 'yes'! This, pro rata, reinsurance portfolio, would be a neat, big-ticket, item for bigger, possibly composite, fish to swallow whole, imo. |
Posted at 16/9/2024 16:40 by eigthwonder I’m sure I am about to do the insurance business a disservice with the following, but Beazeley has direct contact with the original insured, so that requires a detailed knowledge of individual customers in order to write the policy - that’s worth a premium. Reinsurance is insuring other insurance companies - it still requires knowledge but is a bit more of a wholesale business IMO, and a bit more price driven, hence fickle, hence worth les of a premium. |
Posted at 05/9/2024 15:21 by 2magpies These were floated at £5Question is: will NE (et al) accept less than £8 as exit price? Just saying. |
Posted at 31/7/2024 08:40 by elbrus55 Nice results. CR still low at 75 and some economies of scale on expenses. The $20m estimated claim on Baltimore bridge didn't make much of a dent.They've about a $1bn of capital and it is returning 20%pa while things are this good, although most of that profit is being used to fund business growth. Shares are trading almost exactly the same as tangible net assets per share (528p at 30 June)What will come first - A major cat. loss or a dividend increase? |
Posted at 02/7/2024 16:27 by 2magpies A VERY active hurricane season forecast for 2024.My view: CRE will sell out (i.e. agree to a takeover)BEFORE the possible tidal wave of claims shoves loss ratios well into three figures (+decimal places). There will be a time-lag: pro rata book. As I say, my view. fwiw |
Posted at 20/5/2024 20:58 by triktrak Revenues at Conduit Holdings (CRE) are strong and rising, leaving the shares looking ‘very attractive’, says Berenberg.Analyst Tryfonas Spyrou retained his ‘buy’ recommendation and increased the target price from 695p to 700p as the Citywire Elite Companies AA-rated reinsurer rose 0.7%, or 3.7p, at 512p this week, adding to the near 10% rise in the shares this year. First-quarter results from the business confirmed ‘gross premiums written grew strongly during the period, up by 28.3% year-on-year to $356.8m’, which was 6.6% ahead of Spyrou’s expectations, thanks to ‘risk-adjusted pricing’. Growth was mainly driven by property and speciality lines of business, where premiums grew. ‘Revenue growth also looks very strong, rising by 35.1% year-on-year as premiums written in prior years continue to earn through, further boosting earnings,’ said Spyrou. ‘Conduit believes that the broader reinsurance landscape remains very attractive, allowing for many opportunities to deploy capital and drive profitable growth.’ He added that the shares ‘remain very attractive… on five times full-year 2025 price/earnings’ hxxps://citywire.com |
Posted at 29/1/2024 11:16 by flagon 26.01.24 RBC raises Conduit Holdings price target to 575 (550) pence - 'outperform'29.01.24 Berenberg raises Conduit Holdings price target to 635 (620) pence - 'buy' |
Posted at 26/12/2023 22:04 by texaspete2 CRE is one of Shares Magazine 10 stocks for 2024. For those with no access here is a short snippet .... To give some impression of how fast the company is growing, it wrote more than $900 million worth of premiums in the first nine months of this year, an increase of 56% on this time last year, and since inception it has written $2 billion with what is called 'unearned premium' of $676 million which is yet to f low through to profits. This means in less than three years the firm has almost hit its five-year target already, Carvey tells Shares. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
