Hardy Underwriting Share Discussion Threads

[hydrus] 23/5/2010 17:13

Tipped as a buy in this week's share magazine. I can see why, looks like a cracking buy to me with a good dividend, growth and a low PE ratio, even lower after recent drop.

[boadicea] 12/3/2010 14:26

What's woken this one up?

[kevink3] 10/3/2010 12:02

Hardy and Chaucer both cheap. Have a look at the brief report on:

I think its a good summary

[topvest] 07/8/2009 07:34

Interims were solid. Happy with my recent purchase.

[investinggarden] 06/8/2009 09:35

Currencies blunt Hardy gains

[galweybay] 31/7/2009 09:16

Someone is playing around with Hardy shares. Most days there is a small movement up followed by a reverse next day. With the spread as it is why is it worth it? Any views please for the uninformed like myself?

[little beaker] 20/7/2009 13:57

Following the recent underperformance of this share I raise its rating to "hold" from "sell". I think it is neither under or over-valued versus its peers.

I still like the sector overall, although pound strength will drag going forward. Sector consolidation rumours might be good for the share price.

[topvest] 13/7/2009 21:11

I bought a few of these today. Looks a good company with good growth prospects, making a 15-20% ROCE, on a P/E of 4-5, a yield of 4.5% with x3 cover and trading at close to net asset value. Oh and a very good record over a long timeframe. Not as cheap as it has been, but looks good value in my opinion.

[porkpharm] 23/6/2009 13:11

this share only seems to have one move a day after opening.

[little beaker] 15/6/2009 13:15

Strong price action today on the back of a tip by the dopes at the Daily Mail.

Outperformance not justified relative to the sector, which has underperformed the general market recently; I think these are a sell.

[porkpharm] 13/5/2009 11:55

alot of support around £2.60 level, seems to have bounced off it for now.

[skyracer] 15/1/2009 15:34

Interesting share price action. Is there a hint of a bid?

Last years takeovers : Heritage HUA, Kiln KIN, Highway HWY.

[dumpling] 18/12/2008 14:02

Sold at 280 on Mon. Have a BUY triggered at 250.

[dumpling] 10/12/2008 15:08

Nice steady rise. May sell at end of month or if reaches £3 - who knows.

[dumpling] 01/12/2008 16:55

Only blue in my portfolio today.

[dumpling] 28/11/2008 17:15

BUy in IC (for what it's worth).

[dumpling] 20/11/2008 10:39

Price drop today looks illogical. I'm back in.

[little beaker] 06/11/2008 15:24

Well Lloyds of London ILVs have outperformed the FTSE considerably on expected market share gains, but I can understand the urge to take profits.

I did so similarly on HSX today, but I have reinvested in a comparative underperformer - CHU, which is trading under tangible NAV.

[dumpling] 06/11/2008 15:15

With a heavy heart I have sold my holding. It's not that I don't have faith in the co. - it's just terrible market sentiment these days. Look to get back in some time in the future.

[dumpling] 05/11/2008 15:13

Taking off now. +ve sentiment towards insurers. About time.

[dumpling] 22/9/2008 17:53

Down 9P on a turnover of 7000 shares.

[dumpling] 17/9/2008 13:56

Up at last although may be dragged up by +ve sentiment in insurers today, especially as vol. as I write is only 12k.

[dumpling] 07/9/2008 16:00

Tipped in IC.

[dumpling] 02/9/2008 16:58

CEO bought 21125 shares on 1st Sept. This share should get tipped by the financial pages such as IC in the next few days. Fill your boots.

[a0148009] 29/8/2008 13:31

Skyracer

Agree - this is the smallest premium for the share price I have seen to NAV for some time.

Bought 5k at 216 early this morning - that was all I could get market makers no stock.

Playing their usual trick of reporting bargain very late to make it look like a sell.

HDU have had approaches in the past but have always declined, acquirer would have to pay a massive premium to current market price.

Syndicate 382 has a fantastic record - I was a name on LLoyds for 20 years
and had a line on 382 it has only made a loss once or twice in the last 30 years
no other syndicate has a record like that.
They are very disciplined and do not cut rates for cash flow as some of the riskier underwriters do.

Virtually no long tail business which is great as claims can drag on for years eg asbestosis, pollution etc.

AO