Hiscox Share Discussion Threads

[bulltradept] 07/11/2019 11:50

Be surprised if this didn't at least recover up to the £12.50 area later on today.

[croquetman] 07/11/2019 10:03

Seems a huge over reaction as far as I can read. Maybe something else is happening that we haven't heard about. Maybe time for a top up later in the week.

[deadly] 07/11/2019 09:07

Trading statement went down badly, surprising considering recemt losses must have been expected. Maybe the wild fires are the bad news.

[our haven] 02/7/2019 13:39

I have held this share for a number of years and it just keeps delivering. Looking at their situation, come I hope not no deal I can see that they are well placed, will continue to hold. One happy investor!DYOR, sure you will be impressed

[croquetman] 03/1/2019 13:48

Great stock. Just entered FTSE 100. And no tax on trades. Looks a price at todays price.

[cryptotrade] 01/8/2018 17:11

Great stock

[danieldanj] 29/7/2018 02:15

Hiscox (HSX) Earnings-Reaction to Keep an Eye

[cryptotrade] 11/7/2018 13:06

I like this one.

[hawaly] 28/10/2015 16:41

Breakout......echo.....echo....breakout folks.

[deadly] 12/5/2015 08:26

Don't see that the IMS should be read so negatively.

Gross written premiums increased by 12% to £561.7 million (2014: £501.6 million) in the first quarter as the Group continues to find good opportunities for profitable growth.

"It's been an excellent start to the year, flattered by a good claims experience and favourable foreign exchange movements. While the market has been tough, with a reduction in pricing in the big ticket businesses, we have continued to grow in our specialty lines and expand our ILS business."

[deadly] 16/3/2015 12:48

ganthorpe - just look at the same arguments here a year ago.

[ganthorpe] 05/3/2015 11:36

Are HSX pulling off a version of the three card trick?
They seem to be paying out 60p per share and consolidating with 88 shares for 100 now held.
Based on 1000 shares we get £600 cash capital return
and lose 120 shares worth £950, if the share price stays the same after the consolidation as HSX expect.
A similar thing seems to have happened last year.
What point have I missed?
GAN

[deadly] 06/5/2014 18:59

Good reaction to IMS today; breakout and new high

[deadly] 19/3/2014 19:49

In fact price went up to 730p today, even better. That despite insurers getting hammered by the budget.

[b1ggles] 10/3/2014 17:33

Thanks for that, deadly, I guessed it must need to; I had been making the assumption that, as with most of these consolidations/returns of capital, it had been calculated to resume on the same share price; not in this case, clearly.

[deadly] 10/3/2014 17:24

You are missing the fact that after the ex-rights date the share price should increase to around 676p to reflect the increased value/share. The value/share will not drop, because there are fewer shares.

[b1ggles] 26/2/2014 12:31

I'm completely bemused about the return of capital.

1000 shares at current share price = £6,520.

After consolidation/dividend = 890 shares @ 652p + dividend 1000 x 50p = £6,300

Surely the value must drop after 18 Mar, due to their use of the NTA as a basis for the consolidation, so why would a holder not sell now and buy after that date?

Or am I missing something???

[deadly] 25/2/2014 10:13

It's fallen quite a bit since December, but the results were good and the return of capital is a bonus. So as always, good value here and nice quiet board.

[leecoyote] 26/12/2013 10:12

One of Zak Mir's tips for 2014.

[birdsedgeuk] 06/5/2013 15:17

Hope get a decent update on WedIve signed up to IC and articles on www.traderdiary.co.ukWorth it as it saves hunting for decent shares.I just research shares after reading article.

[topvest] 25/2/2013 12:10

They may not handle their AGM well, but they are a fine business for generating shareholder value. Tremendous record.

[sharesoc] 31/5/2012 14:16

The Hiscox AGM showed how shareholder democracy is being undermined and AGMs turned into an obsolescent tradition by some companies.

This was interesting in that the company held their AGM in Bermuda where they are now domiciled so there was a video link to a meeting room in London. You might think that would be a useful technique for other companies to adopt (for example those registered in Scotland who hold their AGMs in Edinburgh or Glasgow), but not when it is handled in the quite appalling manner as did Hiscox.

Questions from the audience were challenged as to validity, separate resolutions combined into one vote and there was a general rush to complete the meeting in record time.
See here for the full report if you are a ShareSoc Member: