Gable Hldgs Share Discussion Threads

[adyfc] 19/5/2015 13:57

We need a good shake out so we can move higher.

[battlebus2] 18/5/2015 13:05

Thursday 28th May...

[germanicus] 16/5/2015 11:09

Yep, the chart is a shocker! This certainly needs something to stop the rot....very disappointing.

GLA

[battlebus2] 16/5/2015 10:51

I believe we will see a positive update topvest.

[topvest] 16/5/2015 08:53

Are you looking at the right company - the chart looks awful? I certainly made a mistake buying when I did on this one. Hopefully a better update to come!

[adyfc] 15/5/2015 16:34

Looking good with an update not far away.

[johnwise] 30/4/2015 20:32

"During the year, the French market also suffered from an increase in attritional
losses and Gable has acted to mitigate the impact of this by re-examining its
risk exposure to the French market, amending policy terms and conditions
and tightening the range of risks written together with strengthening pricing
policies where appropriate to manage these factors and protect the
Company in future years"......


A permanent force of 7,000 soldiers will patrol the streets of France from now on.

[luckymouse] 23/4/2015 22:16

don't agree with mystery seller thing - vol below avg for last 2 weeks - capitulation/buying vol spikes mid feb and early april - note the major vol spikes at top n btm of fall - its very O/S now and at an old buying zone too - in pause mode for the results - as long as they don't announce any nasties it should go up from here - fall has lost momentum, poised for turn and waiting for catalyst

[pj 1] 14/4/2015 18:34

Agree BB2, However, no doubt a lot of investors wating to see any large late trades ;-)

Hopefully!

[battlebus2] 14/4/2015 17:57

Only going by my broker who says there is a seller in the market, 100k today atleast and similar over the last few days.

[mw16] 14/4/2015 17:12

the old mystery seller story. Yawn.

[battlebus2] 14/4/2015 15:01

Yes hard to judge a bottom, we have an unknown seller who is drip feeding the market i believe.

[janeann] 14/4/2015 13:31

You may be right bbus, but its still a falling knife in my book; watching with interest tho.

[battlebus2] 14/4/2015 11:56

Yes well it's been marked down on the selling over the last few days, makes another buying opportunity imv.

[billy_liar] 14/4/2015 11:42

Really?

4 trades gone through.

Must be insider info jumping out before a huge slump in the company worth ...
... or perhaps not.

[battlebus2] 14/4/2015 11:35

A bit of selling pressure today.

[glasshalfull] 08/4/2015 11:45

A few of us appear to have been buyers here.

The market are well aware of the impact on 2014 results. finnCap recently reinstated forecasts and 70p target price in early March, prior to the Italian business announcement.

When the share price was 47p they noted,

"Following the y/e trading update from the group we have revised our PBT estimates for 2014 to £4.7m and to £9.7m for 2015, giving EPS of 2.9p and 5.9p respectively, after incorporating the cost of additional reserving.

The group is trading well with £15m of GWP for January representing a strong start for the year. We estimate 2015 GWP at £115m. The current share price offers a good starting point for recovery. The group is strengthening its reserves, to the benefit of long-term earnings visibility, and has a substantial book of ATE business approaching maturity. The SME insurance sector is topical and Gable has established an EU footprint to work from.

A 2015 forward P/E of 8.2x is undemanding, considering the additional reserving being undertaken. A 70p TP represents 44% upside."

I concur.

Kind regards,
GHF

[cheshire man] 08/4/2015 11:30

Got some myself, chart looks to be turning up:-)

(12/02/2015) "The board expects to continue to deliver profitable growth for the foreseeable future"

Prelims 25/05/2015

[germanicus] 08/4/2015 11:23

Yep, bought some more too in anticipation of good results & possibly a bid for the Company! :)

GLA

[billy_liar] 08/4/2015 11:10

Results due next month, excellent trading statement released early Feb, relatively recent purchases by Directors.

Great entry point so just added to my holding.

Now to sit back, relax, and enjoy the ride.

Wish making money was always this easy.

[battlebus2] 08/4/2015 08:21

I view this as an opportunity to buy on a low valuation and have done so over the last couple of days. All the signals are pointing to over done imv, but as ever dyor etc...

[mw16] 30/3/2015 10:41

It's falling on very low volume. Nothing to worry about. Mm's duping weak holders out of money. It's criminal really but that's aim and the great British investor.

[the shuffle man] 30/3/2015 10:03

Could be some tax year tidying up being done here. People crystalizing losses before year end. Current share price looks very cheap if numbers are to be believed.