Highway Insurance Share Discussion Threads

[factsonly] 27/1/2006 11:27

rochae - nicely put, perserverance and patience is key to all success... plus a bit of luck.

[bigman] 27/1/2006 11:26

I hold long term and know that this will prove to be very profitable, my portfolio of "insurance sector" stocks are doing great, cbg group, broker network, highway, gable, jelf, are all doing very well thanks and I seem to have hit on a winning formula... you just cant have enough INSURANCE !!!

[rochdae] 27/1/2006 11:18

Nice to be in a quality stock. So many selling up when all you need is a bit of patience.

[rivaldo] 27/1/2006 11:15

LOL! Yep, I assume Peel Hunt wanted to get their own clients in at a decent price...

HWY will go ex-div around 23rd March, so not long to wait for a 3.4p final divi. And all tax-free in the old ISAs - lovely jubbly.

[gorse] 27/1/2006 11:12

"I see Peel Hunt on 25th January forecast 9.33p EPS for 2005, with a 5p divi. Assuming a benign market and reasonable weather the divi yield alone should drive the price up towards 85p imo."

That's what I've thought for several months now - since shortly after Peel Hunt advised selling in the 50p region!

[rivaldo] 27/1/2006 11:06

I see Peel Hunt on 25th January forecast 9.33p EPS for 2005, with a 5p divi. Assuming a benign market and reasonable weather the divi yield alone should drive the price up towards 85p imo.

[factsonly] 27/1/2006 10:02

The historical P/E is only about 10 and we all know its been a good start for HWY, so the forward P/E ratio is looking very attractive indeed.

[factsonly] 27/1/2006 10:00

I think 82p/83p is the next real resistance point. Given the Atlantic sales, I'm sure the MMs aren't short, so they'll love a rising share pice too with all the value seekers and chartist chasers.

[leslas] 27/1/2006 09:38

100000 sell and the bid goes up great

[dogdogman] 27/1/2006 08:45

This is more like it! 74p on the bid at the moment.

[rivaldo] 27/1/2006 08:40

Nice reversal of an early loss. Despite North Atlantic selling a few more recently the price seems to be breaking ever higher. With a relatively trouble-free winter and stable markets HWY should continue on up to 85p imo.

[factsonly] 24/1/2006 16:22

Good to see a steady price today (to confirm the inverse head and shoulders / double bottom / uptrend), unless the MMs mess around with their spreads at close. Hate to state the obvious but my money is on another rise tomorrow. ;)

[siskinbird] 24/1/2006 10:49

North Atlantic's website:-

[rochdae] 24/1/2006 00:10

Don't think HWY would be any higher come bull or bear. One of those domestic/institutional shares that weather most market conditions.

[factsonly] 23/1/2006 22:04

I'm wondering who have been doing all the buying. I bet some of the sellers have been kicking themselves with HWY rising in the face of a dreary market. Imagine how it would have flown if not for the market being so downbeat.

[ursus] 23/1/2006 21:41

north atlantic are selling not buying

[fundamentalist1] 23/1/2006 21:36

many thanks sealed

[sealed] 23/1/2006 17:17

Fundy
Its one of Hambros investment trusts managed by Chris Mills. I believe he has a large personal stake in the trust.

[fundamentalist1] 23/1/2006 16:37

Anyone know anything of North Atlantic who announced 6% holding

[factsonly] 23/1/2006 15:42

my target was originally 80p for the coming weeks, but I've reassessed it and 83p looks more likely to me.

[rivaldo] 23/1/2006 14:28

Yep, breaking out slowly and surely upwards. What's your target Factsonly - 85p, or more?

[factsonly] 23/1/2006 11:33

Its happened again bid/ask price firmer than Friday's close despite slightly more selling, maybe a few delayed trades/buys yet to appear? More importantly, if it closes at this level or higher today, then we know we're in for a nice ride up the coming weeks... the chart, the yield, the P/E, the past couple of announcements, to me, they are all pointing up.

[factsonly] 21/1/2006 16:08

I agree it does look exciting, HWY may be one of the few shining stars in a potentially depressed Monday market.

[gswredland] 20/1/2006 16:42

this is beginning to look more like it!