R&q Insurance Share Discussion Threads

[simon gordon] 16/10/2021 17:23

Volume on the quarterly chart indicating a major change in story and buyers buying into it.

Executive Chairman and CFO with serious skin in the game and deep knowledge of the US scene and on boarding more top talent, indicate a potential trend change after the share going nowhere for 14 years.


free stock charts from uk.advfn.com

[geraldus] 15/10/2021 14:27

1.5 mill buy gone through,Slater adding?

[geraldus] 15/10/2021 11:12

Impressive interview.On a mission.

[red ninja] 14/10/2021 08:20

William Spiegel on the Voice Of Insurance podcast :-



Note, there is an advert at the start which you can just click past.

Gives good insight to how Spiegel met Randall and Quilter and how Spiegel sees the business developing.
Spiegel sounds impressive. All IMO.

[hammergaumet] 12/10/2021 07:40

Insiderideas have done a substack post on this which you can access for free via the link in their twitter biohttps://twitter.com/InsiderIdeas?t=lgOsttm26erUTLe_dQz-DQ&s=09

[red ninja] 05/10/2021 10:29

Nice to see Slater buying more up to 7.89% from 5.11% (9/7/21).

[geraldus] 30/9/2021 07:35

Get strapped in to that sidecar and enjoy the ride.

[red ninja] 25/9/2021 11:18

I thought he was just buying for the potential growth story here in program management and in the sidecar legacy funds that's why I decided to hold.

[speedsgh] 24/9/2021 13:34

So what does the CFO know that the rest of us don't? I sold my remaining residual holding recently so Murphy's Law says that the CFO buying presages some news around the corner that is going to give the share price a shot of steroids. Fingers crossed for remaining holders.

[geraldus] 24/9/2021 13:18

Yes,no mean amount either.

[red ninja] 24/9/2021 13:09

CFO buys again :-

"Further to the announcement made on 23 September 2021, the Company has been notified that between 21 September 2021 and 23 September 2021 Thomas Solomon, the Chief Financial Officer of the Company, purchased an additional 150,000 ordinary shares in the Company. Mr Solomon holds 1,610,902 ordinary shares which represents 0.6% of the Company's issued share capital and 0.6% of the total voting rights."

I'm impressed with the new CFO buying RQIH shares. I mean he doesn't have too. He gets them for free as part of his package.

[geraldus] 23/9/2021 12:38

CFO buying 50k but Phoenix dropping some.Price steady.

[red ninja] 15/9/2021 11:07

Probably agreed sale at current market rate, thus not effecting market price.

[geraldus] 15/9/2021 10:58

....and no real movement so far.

[superadams] 15/9/2021 10:52

Over 11 million shares traded already today. Interesting.

[petomi] 10/9/2021 10:30

Thanks Edmonda, most useful, and the price is perking up as well

I think it would be good for them to get some stronger independent analyst coverage since 'paid for' research will always be looked at sceptically

GLA

[edmonda] 10/9/2021 08:24

Some sensible comments above , and it does look a well thought out move to address matters that may have deterred investors in the past / source capital differently.

Updated research out today from Equity Development takes that view too, and keeps its 240p / share fair value assessment.

Full note and audio summary freely accessible here:

[geraldus] 08/9/2021 10:24

Is the penny or should I say the cent dropping here.

[red ninja] 08/9/2021 09:36

Well if the restructuring of legacy via GibsonRe works well and program management revenues continue to grow well. The results will hopefully speak for themselves in a couple of years.

[petomi] 08/9/2021 08:56

The restructuring looks like a sound move but they really need to work on getting II and analyst interest to see a step change in the price.

GLA

[geraldus] 07/9/2021 14:04

Watched the Investormeet video. Getting on with their five year plan with a more solid base now.Will patiently hold.Gla.

[red ninja] 06/9/2021 14:54

William Spiegel (CEO) and Thomas Soloman (CFO) say concentrate on the Pre-Tax Operating Profit which it's true was -23.5 million this H1, but would have been break even if two deals signed, but not completed had been included in H1. Still disappointing I give you, but I do accept the legacy business is always lumpy.

Still think the GibsonRe business is the way ahead, getting 3rd party capital involved and turning it into a recurring revenue business. It strikes me that the business had exactly the same problems with raising capital when Ken Randall was in the hot seat. Indeed RQIH (including Ken) been talking about involving 3rd party capital for quite a while so I presume the new GibsonRe is in line with Kens ideas.

If the first GibsonRe is a success, then it should spawn GibsonRe1, GibsonRe2 etc etc

Just listened to the Investor Meets Company presentation they seem pleased with how the Legacy and Program Management are shaping up.

[topvest] 06/9/2021 12:50

£53m loss before negative goodwill. Hmm not great to put it mildly even with an expected strong H2. Happy to have exited last year. Low quality business this one in my view, particularly given Ken Randall has retired. In him we all had trust, but now I'm not quite sure!

[red ninja] 06/9/2021 10:59

The market appears pleased with the restructuring of the legacy side of the business which should remove it from those dilutive equity raises at disappointing prices and reduce the dependency on unsecured loan notes.

If they can get the new restructuring of legacy to work alongside the fast growing program management. It could be a good stock to hold for the future.

I'm biased of course as a holder. DYOR.