Lancashire Share Discussion Threads

[salpara111] 11/7/2021 11:57

I wonder how the institutions who supported the rights issue over a year ago at £7 are feeling. I would imagine that management here are under serious pressure.
I have to say that I am not feeling too confident in my recent purchase!
We are entering uncharted territory for insurers like Lancashire, climate events are going to be more frequent and more severe, it's going to take some serious skill to price the risk going forward.

[essentialinvestor] 06/7/2021 15:55

Tempted at these levels, just wonder if I'm overlooking something given the
pronounced recent share price weakness .

[cwa1] 06/7/2021 07:12

Notice of Q2 2021 Earnings Release and Conference Call

Lancashire Holdings Limited ("Lancashire" or "the Company") will be announcing
its 2021 second quarter results at 7:00am UK time on Wednesday 28 July 2021 and
hosting an analyst and investor conference call at 2:00pm UK time / 9:00am EDT
on Wednesday 28 July 2021. The conference call will be hosted by Lancashire
management.

[spooky] 22/6/2021 18:07

Opened a long position today.

[stpalm] 10/6/2021 14:42

Always a good idea CWA.

[cwa1] 09/6/2021 08:25

Another nibble at just under 620p. Think I might keep some powder dry in case there's a bigger fall on the way

[essentialinvestor] 08/6/2021 14:32

Limper than a vicar's handshake atm.


Same for the wider sector.

[salpara111] 02/6/2021 12:49

Well, I'm back in again at 632.
Insurance is a cyclical business. I traded this once before a few years ago for about a 15% return.
Looking for something similar again.

[scepticalinvestor] 30/5/2021 10:03

I agree, strong support, also looking to buy soon

[essentialinvestor] 28/5/2021 15:57

Some posts, nearly given up hope of any discussion here.

[dendria] 28/5/2021 15:47

I bought a first slice this afternoon at 628p. Looks nearing the bottom - almost a recent triple bottom formed.

[cwa1] 28/5/2021 15:41

Afternoon All

Joined the merry band here for the first time in aeons. Paid 677'ish. Looks potentially decent value. On my trawls I came across this:-



Bank of America has initiated coverage of London Market insurers, naming Lancashire its top pick with a ‘buy’ recommendation

It is targeting 880.0p for Lancashire, suggesting a 34% total return potential; 410p for Beazley, suggesting 30% total return potential; and 920p for Hiscox, suggesting 15% total return potential.

As at 1345 GMT, Lancashire was ahead 5% at 694.5p, Beazley was up 4% at 340.0p, while Hiscox was nearly 3% stronger at 845.2p.

That was dated 26/4/21 and apologies if it was posted about then-but hopefully OK to re-post if it was

[frishare] 28/5/2021 07:29

These recent falls make no sense. Every time they release a positive update the share prices falls lower over the next few weeks. The only thing I would say is the falls have been on small volumes.
Will be adding more. With the industry pricing levels they should have a good year.

[essentialinvestor] 21/5/2021 14:02

Still no others views here?.

[essentialinvestor] 13/5/2021 11:33

Tempted to add but sector out of favour atm.

[essentialinvestor] 07/5/2021 11:07

Recent update may be underappreciated?
however the wider listed sector is under pressure atm.


Any other views on this?.

[essentialinvestor] 31/3/2021 16:33

Should have bought a few more, oh well.

[essentialinvestor] 30/3/2021 16:08

Starting to look interesting?.
Bought a few.

[feddie] 28/3/2021 10:58

How exposed is LRE to the Suez event?

[topvest] 15/3/2021 10:34

I've doubled my holding here after doubling up on Beazley and adding Conduit Holdings. Sold Helios Underwriting, but may re-enter. Its looking a good time to invest at the moment in my view. To be able to invest in Lancashire at 10% lower than the placing last year, is pretty good value in my opinion. They have excellent firepower to take advantage of an upturn in the insurance cycle.

[thewheeliedealer] 17/2/2021 21:52

Hi everyone,

My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast last week and part of our discussion includes the outlook for Insurance Stocks like LRE, particularly with Premium Rates rising.

As always we also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management. We also start off with quite a bit about the overall Markets and where they are most likely heading.

Anyway, if you use Youtube, Apple, Audioboom, Overcast, Google+ or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 42) and you can find it on Soundcloud at the link below.

I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !!

Cheers, WD
@wheeliedealer

[harleymaxwell] 09/2/2021 10:44

Nice rises Renton and bit if volume - could be on the list for an acquirer?

[srichardson8] 26/8/2020 17:08

newish Baillie Gifford holding

[ursus] 03/2/2020 14:31

Odey short continues to be reduced. Must have cost him a lot given the dividends he has had to finance while running such a large position.

[cwa1] 23/1/2020 10:03

In case anyone was wondering:-

HSBC has downgraded Lancashire Holdings to Reduce with a price target of 551.00p