Goshawk Insurance Share Discussion Threads

[theberg] 24/3/2005 15:25

MMs very tight 43.75p/44.00p ie Bollis as tight as a Gnat's Chuff is the Coiled Spring being released at long last?

[josereyes] 24/3/2005 15:10

LOL!! looks like this double bagger is on its way ;)

[theberg] 24/3/2005 11:32

flightless birds r us

[theberg] 24/3/2005 08:40

Pommie,

Blimmin' 'Ell if Pigs can Fly do ya reckon dreary old Buzzards like GOS can take Aviation Lessons?

Up 0.25p I must be dreaming I thought Avocet Mining Plc was a dull old crone!

LOL! Berg(;-)0

[theberg] 23/3/2005 17:42

TK,

Have a great hols, you will be pleased to see GOS Volume reversal (I hope) today.

UK:GOS Goshawk Insurance (LSE) 3/23/2005 4:31 PM
hide quote detailed quote chart help


Last:
42.75 Change:
UNCH Open:
n/a High:
43.35 Low:
42.00 Volume:
5,754,254
Percent Change:
n/a Yield:
n/a P/E Ratio:
n/a 52 Week Range:
37.00 to 51.00

Enjoy

Berg(;-)0

[theberg] 23/3/2005 16:09

Padraig,

LOL!

Berg(;-)0

[paddyfool] 23/3/2005 15:34

No I've said my piece! Nothing more to add. Good luck hope it goes well for you.

[theberg] 23/3/2005 10:53

Padraig,

Speechless I see?

Berg(;-)0

[theberg] 23/3/2005 03:03

Padraig,

Never driver of snakes into the sea the Ice Age never allowed Serpents to live in the Emerald Isle, never mind their leaky ships!

A worthwhile read because Egos and Profits do not mix!

King Canute on the Seashore
by: James Baldwin, The Book of Virtues

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+ Inspirational Posters




Long ago, England was ruled by a king named Canute. Like many leaders and men of power, Canute was surrounded by people who were always praising him. Every time he walked into a room, the flattery began.

"You are the greatest man that ever lived," one would say.

"O king, there can never be another as mighty as you," another would insist.

"Your highness, there is nothing you cannot do," someone would smile.

"Great Canute, you are the monarch of all," another would sing. "Nothing in this world dares to disobey you."

The king was a man of sense, and he grew tired of hearing such foolish speeches.

One day he was walking by the seashore, and his officers and courtiers were with him, praising him as usual. Canute decided to teach them a lesson.

"So you say I am the greatest man in the world?" he asked them.

"O king," they cried, "there never has been anyone as mighty as you, and there never be anyone so great, ever again!"

"And you say all things obey me?" Canute asked.

"Absolutely!" they said. "The world bows before you, and gives you honour."

"I see," the king answered. "In that case, bring me my chair, and we will go down to the water."

"At once, your majesty!" They scrambled to carry his royal chair over the sands.

"Bring it closer to the sea," Canute called. "Put it right here, right at the water's edge." He sat down and surveyed the ocean before him. "I notice the tide is coming in. Do you think it will stop if I give the command?"

His officers were puzzled, but they did not dare say no. "Give the order, O great king, and it will obey," one of then assured him.

"Very well. Sea," cried Canute, "I command you to come no further! Waves, stop your rolling!. Surf, stop your pounding! Do not dare touch my feet!"

He waited a moment, quietly, and a tiny wave rushed up the sand and lapped at his feet.

"How dare you!" Canute shouted. "Ocean, turn back now! I have ordered you to retreat before me, and now you must obey! Go back!"

And in answer another wave swept forward and curled around the king's feet. The tide came in, just as it always did. The water rose higher and higher. It came up around the king's chair, and wet not only his feet, but also his robe. His officers stood before him, alarmed, and wondering whether he was not mad.

"Well, my friends," Canute said, "it seems I do not have quite so much power as you would have me believe. Perhaps you have learned something today. Perhaps now you will remember there is only one King who is all-powerful, and it is he who rules the sea, and holds the ocean in the hollow of his hand. I suggest you reserve your praises for him."

The royal officers and courtiers hung their heads and looked foolish. And some say Canute took off his crown soon afterward, and never wore it again.

[theberg] 22/3/2005 20:31

PF,

It is always in the chart, end.

Berg(;-)0

[paddyfool] 22/3/2005 18:50

Forget the charts and understand what finality means!

the fool!

[knowing] 22/3/2005 16:48

I'll wait for a higher price

[theberg] 22/3/2005 11:51

TK, C II 61.80% FR of Wave I of III of C at 43.03p (I=42.00p/44.70p) IMO

[knowing] 22/3/2005 09:23

Watching TB

[theberg] 22/3/2005 09:01

TK,

Here we go again!

[theberg] 22/3/2005 08:41

Paddy,

You still seem to be trying to drive a car by viewing the road in the rear view mirror when it is the road ahead that is what matters.

What would Nikko stance be on a full set of annual figures?

Syndicate 102 at Lloyd's is history, I have only ever looked at GOS post the huge discount in shareprice that resulted from the Bermudan Reinsurer Goshawk Re now renamed Rosemont Re being IMO absurdly discounted despite a longstanding profitable reinsurance book written by Russell Brooke and team.

I bought a specialist player in global reinsurance, not a second rate generalist occupying yet another composite syndicate at Lloyd's.

I do not believe in generalists nor all rounders at any time, least of all in equities or insurance.

I hope you get my drift, being able to invest in the only specialist insurance sector outfit listed on FTSE is for me a very attractive proposition, especially absurdly at a discount to the value of their Net Tangible Assets.

You and I both know Bermudan Reinsurers are valued at easily 175% to 200% of NTA in North American equity markets and the period up to July is normally considered the low Catastrophe exposed period.

There is nothing complicated about my GOS Long position, Wave A went from 24.50p to 51.00p therefore Wave C is going to fill or partially fill the gaps rapidly on break of 51.00p, afterall Net Tangible Assets are 52.00p and first half figures are always the strongest for Goshawk Re/Rosemont Re and last year saw a US$10m profit HI.

Tax Free 2004/5 and 2005/6 ISA Gains for the short term?

It is all in the chart!

I do not like it when Insurance Sector professionals turn up on public BBS just before I believe the GOS Broker is about to resume coverage and advisory coverage to their clients on the stock!

Berg(;-)0

[smallchange] 22/3/2005 08:27

soo, things are good so one more top up and its sit and wait time.

[paddyfool] 22/3/2005 08:26

You have to laugh! Their client base is shared with the other participants, so no I wouldnt buy them for their client base. As for Charman, Agnew, Evkhart et al they made their reputations and their companies over many years, so you are backing the potential in Russel Brooke nort someone who has established himself yet!

The value will only rise sharply in the near term if one of the following occur:

a) A takeover at a significantly higher price, say 55p (in my view unlikely see my last post).
b) Finality on 102 liabilities This could be done by buying some sort of reinsurance, you need to ask yourself why they have not done this?
c) A positive result in the outstanding court case.

I will say no more! The Berg and the Knowing have their view I have mine. The world would be a very dull place if we all saw it the same way! Goood luck to those that hold. As always do your own research!

The fool!