Goshawk Insurance Share Discussion Threads

[knowing] 09/5/2005 14:42

Monday May 9, 02:36 PM


Windfall gains help Munich Re beat forecasts
Munich Re, the world's biggest reinsurance group, beat expectations for first-quarter results, thanks to windfall gains from the sale of big share stakes.

The group's investment income rose by one-third to €2.5bn, helping to lift net profits for the three months to the end of March by 27 per cent to €688m.

Jörg Schneider, finance director, said the sale of stakes in mortgage group BHW and conglomerate MAN had together contributed gains of €248m.

Munich Re's gross premium income fell 2 per cent to €10.2bn, as the group continued to put "profit ahead of growth" by renewing business at unprofitable levels.

In core non-life reinsurance, premium income fell 7 per cent to €3.9bn.

But Mr Schneider dismissed criticism that Munich Re's core business was declining and said there would be "no further significant reduction in premium income".

[knowing] 09/5/2005 09:42

She's a little active today.

[mr ashley james] 07/5/2005 23:59

TK,

Stockbroker Speak

Buy=Sell
Add=Sell
Hold=Sell
Avoid=Buy
Sell=Buy

END!

[knowing] 07/5/2005 23:05

Ahh I see what you mean. Looks like things are about to get interesting.

[mr ashley james] 07/5/2005 00:22

TK,

Because he wants to buy cheaper on Monday I would think.

Look at King Rat's Bull thread before the crash.

Looks like time to buy more Monday early then.

Enjoy your weekend

Cheers

Ash:)

[knowing] 06/5/2005 12:08

Hope something is happening.

[mr ashley james] 06/5/2005 11:55

BIG VOLUME GOS is about to blow!

[knowing] 06/5/2005 09:37

Thats nice !

[knowing] 06/5/2005 08:14

LOL kapiche !

[mr ashley james] 05/5/2005 11:21

TK please accept I am bored with posting on BBs it is a waste of time.

[knowing] 05/5/2005 11:16

Seems to have been consolidating nicely at this level.

[mr ashley james] 05/5/2005 11:14

No none.

Quite frankly GOS is a massive Bull PENNANT AND STOCKPRICE WILL BREAK OUT OF TRIANGLE SOON imo

[knowing] 05/5/2005 11:07

Morning Ash ;-)

Ref Yahoo broker info any idea who the new one is ?

Are you expecting these notes soon ?

[mr ashley james] 05/5/2005 10:56

Knowing,

Still waiting for market to catch up, these things happen under their own steam.

Just wait for NUMIS ABNA etc to put a Broker note out on it.

Chart looks screaming buy to me.

Cheers

Ash:)

[knowing] 04/5/2005 15:02

Wake up Ash or have you sold out ?

[knowing] 04/5/2005 10:24

Who's the new covering broker ?

[knowing] 04/5/2005 08:35

Yes looks good for a run up to next set of figures. Especially as we are in the "quiet" period.

[mr ashley james] 04/5/2005 06:27

More importantly GOS Directors,honest hardworking professionals like Russel Brooke and Paul Spencer who know heir stuff IMO will deliver!

Look at first half 2004 US$10m pre tax, ie with historical tax loss credits IMO net tax!

[knowing] 03/5/2005 22:11

Indicators have turned nicely after todays tick up.