Lancashire Share Discussion Threads

[bulltradept] 08/12/2015 07:40

Thanks ED.

I suppose in that market, you should really stay out unless 'invested' for the longer term.

[effortless cool] 08/12/2015 07:14

So no announcement this morning either. I can only guess that Lancashire management do not consider it price sensitive information. The 10%+ fall yesterday gives a different message, however.

it will be interesting to see if we hear any more from the Insider over the next few days.

[cellular3] 07/12/2015 21:52

effortless cool - the value in the dividend here is pointless because the capital depreciation in now 3 times the dividend %

[expletive deleted] 07/12/2015 18:14

A market where prices are impacted and manipulated by erroneous information, preventing the efficient negotiation of prices.These types of market will often be marred by volatile swings because the true value of the market is clouded by the misinformation.As per Investopedia.

[bulltradept] 07/12/2015 18:08

A false market? Never heard of that before EC.

Care to explain please?

As the losses and profits I made today on this one are both very real!

[hooley] 07/12/2015 17:28

Is it my imagination, or is there a nasty smell around today's action in LRE? The coy is obliged to make a statement as part of its LSE listing commitment after such a fall? I've taken a bath in this one despite a nice dividend. You win some........

[themattbarnes] 07/12/2015 17:08

wow, i picked the wrong time to buy in for next years DIVI didnt i!

[jrphoenixw2] 07/12/2015 16:43

Well quite. If there is truth and/or weight to the story it would be stunning if the facts have not been disclosed to the market. We shall see...

[effortless cool] 07/12/2015 16:27

This is ridiculous. It's been a false market since the Insider published the story @12:10. I've been lucky enough to take advantage of that, but the vast majority of shareholders won't have a clue about what's behind today's dive.

[bulltradept] 07/12/2015 16:23

Trade low 284?

I saw 25k being dealt at that price, surely some mistake?

[thecroots] 07/12/2015 16:06

i think its just the uncertainty killing the price

[bulltradept] 07/12/2015 15:58

Possibly. I suppose we will know in the fullness of time. Some hefty buys went through 50k plus packages, but plenty of smaller ones also 4 - 5k shares.

[bandit99] 07/12/2015 15:52

share price makes it look like there is some other serious bad news attached to their departure

[11_percent] 07/12/2015 15:25

So, WHY, did they leave.

[jrphoenixw2] 07/12/2015 14:44

Apparently the FX rate was supposed to be declared on the R/D, but I've had no 'advisory' from my broker. And no it's not on RNS either.

Anyway, it's perhaps now been overtaken by this pm's events... :-p

[effortless cool] 07/12/2015 13:25

Closed half my short, will let the balance run until we get a response from the company.

[effortless cool] 07/12/2015 13:12

Not now it's in the public domain.

[ursus] 07/12/2015 13:10

Must be a required announcement - I agree, but they cd plausibly say that until finalised it does not need to be broadcast.

[effortless cool] 07/12/2015 13:09

Care to try posting something that makes sense?

[cellular3] 07/12/2015 13:05

dividend outweighed by loss in capital value x3

[effortless cool] 07/12/2015 12:27

I'm short again. Can't see how that is not RNSable

[effortless cool] 07/12/2015 12:21

CEO and CFO of Cathedral reportedly dismissed from Lancashire Group ...

[jrphoenixw2] 05/12/2015 16:53

Does anyone know what the final Sterling pay-out will be for this div?
US$0.95, with the Sterling conversion rate declared on the Record Date [noon], i.e. 27th Nov.
I haven't seen this FX rate declared or recorded; anyone?
xe.com suggests the rate at that time might be close to 1.50617, to give say 63.074p

Other news sources from pre the R/D suggest 61p.

[scottishfield] 03/12/2015 13:54

topped up here :)