Lancashire Share Discussion Threads

[garycook] 02/3/2015 13:50

Sold AML and purchased LRE. Just Sold CGL and purchased INFI for the 9% Dividend. FLG I think I will take the AV. shares for the forward Dividend and growth looking for £6 a share. What else is worth buying in the Insurance sector, with a yield over 5% maybe BEZ. Everything else is to highly valued at the moment.

[irenekent] 02/3/2015 13:37

May be falling back on Amlin results. I too am looking to replace CGL and FLG once they are taken over.

[portside1] 02/3/2015 13:12

well I am adding more

[woodcutter] 02/3/2015 08:46

been away on hols last week, nice to see the chart keeps giving. Now it's broken the downtrend channel it's looking very positive, don't see any obvious resistance.

good news at BPI and SCPA this morning too, added to both my holdings.

woody

[sportbilly1976] 27/2/2015 09:01

seems there is a seller around judging by the UT at yesterday close, hopefully now finished with some nice buys this am already - poised for a crack at £7?

[scottishfield] 26/2/2015 09:52

had some more early doors, v happy here. Compelling chart imo

[harleymaxwell] 26/2/2015 08:11

Maybe an Everest Re or SCOR , pick up a lloyds syndicate and a fund to boot

[garycook] 26/2/2015 07:55

Have proceeds coming from BRIT and CGL.Hold LRE,which other Speciality Re Insurer would one buy at the moment with at least a 7% Dividend ?

[sportbilly1976] 26/2/2015 07:55

Technically, I'd say there are resistances at 700p (psychological) and then 720p, 760p and 820p based upon previous support/resistance levels.

[shoeshoebedoman] 26/2/2015 07:49

Could be a little correction here

[portside1] 25/2/2015 19:37

reading the statements on lre nothing stopping this till over 900p

[portside1] 25/2/2015 19:36

gary ave taken a look could be good , will look futher

[irnbru2] 25/2/2015 19:34

The recent share price graph, is like mmy nob, straight up.

£7 squids, you say, would be good,

Thinking about Selling some here, this type of rise, given the recent decline, must be a scam.

[irnbru2] 25/2/2015 19:21

posti,

I now love you more than this share.

[salpara111] 25/2/2015 17:10

The rate of climb is almost breathtaking.
Surely it will pause for breath at some point!
Holding from 520 so clearly not complaining!

[sportbilly1976] 25/2/2015 15:23

Nice 23k buy...£160k-odd show of confidence :)

[garycook] 25/2/2015 09:18

Portside take a look at INFI !

[portside1] 25/2/2015 08:41

700p this week

[portside1] 25/2/2015 07:51

till the take over , what will be the take out sp

[irnbru2] 24/2/2015 19:53

Love this share.

Capital gain AND the divi AND the special divi.

[pyemckay] 24/2/2015 15:34

i sold my brit after recent news and bought lre. Im sure there were a lot of brit holders investing in similar co's.

[salpara111] 24/2/2015 13:47

I guess that spikes like this could well be the result of shorts unwinding.
Personally I have always felt that this was one of the biggest bargains on the FTSE with its huge cash generation and ability to increase profits last year when their market place was supposed to be the worst for many years.
Happy to continue holding for the foreseeable future.

[sportbilly1976] 24/2/2015 12:14

Salpara,

i'd say the recent acquisition of BRIT has brought the sector into focus...Odey must be trimming their short position in the background too

Short of 9mln+ with an average daily volume over the past 3 months of 550k cannot be done without affecting the share price considerably