Sabre Insurance Share Discussion Threads

[linton5] 31/3/2021 10:49

If this is ———;Kev give me the opposite then,patiently waiting on your reply before I head to work

[kev0856153] 31/3/2021 10:28

wow up 4.5%. This is the Kev effect in action.

[scobak] 30/3/2021 20:31

However the top 10 shareholders own 53.28% of the equity.

[linton5] 30/3/2021 19:41

No probs glad it was tongue in cheek I maybe Scottish but you need manners in the hood or your toast.never bite the hand that MAY feed you🙏

[kev0856153] 30/3/2021 18:16

Come on! That's flattery where I come from. sbre has not done well Linto but I've a good feeling about this one.

[linton5] 30/3/2021 16:50

With vocabulary like that I’m sure your fellow company shareholders in your stocks will having a mutual feeling towards you sir 💩

[linton5] 30/3/2021 09:08

Took some more fantastic bargain moment not many going about to be honest

[linton5] 25/3/2021 09:16

Someone got a cracking bargain 50k at 239 lucky git

[linton5] 24/3/2021 09:35

Jup over nice divi as well soon no probs but I’ll get some sbre in time hava nice day sir

[linton5] 24/3/2021 09:20

Damn not quick enough 🤷🏿‍♀️

[wish i wasnt in rbs] 24/3/2021 09:13

11.7p divi paid in May - they go XD in about a month's time.

[linton5] 24/3/2021 09:01

Looking good for a buy very soon 230s and I’ll take some 🖖

[essentialinvestor] 16/3/2021 15:34

Thanks , bought a very small amount earlier, perhaps should have been a bit
braver on transaction size!.

[jonwig] 16/3/2021 15:26

EI - your IPO link is dated 23 November 2017.

I think this is an up-to-date list of major holders;

[essentialinvestor] 16/3/2021 13:55

* second that, much appreciated.

[jonnybig] 16/3/2021 13:53

Thanks wba much appreciated. I also have Lancashire along with a host of other insurers, such as bez, av and hsv

[essentialinvestor] 16/3/2021 13:48

Yup, HSX does sell at a steep sector premium.

Have BEZ on a watchlist.

[wba1] 16/3/2021 13:44

I have tended to avoid Hiscox simply because it is such an aggregation of different GI businesses that it can be difficult to cut through the forest. I was interested to see the one comment in the 2020 numbers, that they hold claims reserves over 9% in excess of actuarial estimate (by which I assume they mean best estimate; if they mean estimate on usual basis that would increase the surplus even further). That suggests a hidden asset of $400m net. However, although the share price has been hit I am still cautious. The price to tangible book is nearly 1.8, which is pretty high. Lancashire (for comparison) is 1.6. Not the same business but some overlap in London market and RI, and I prefer Lancashire's track record. My other question with Hiscox is about the succession to Masojada. He must be 60+ now and has run it for over 20 years. I would not be surprised to see Hiscox price recovering but I prefer others.

[essentialinvestor] 16/3/2021 13:38

Is it still the case that only a minority of shares are publicly available,
the bulk still held by the founder and PE owners?.

[essentialinvestor] 16/3/2021 12:47

Bought a small amount of HSX earlier.

Worked in insurance for 15 years back in the day, but on the sales side.
Certainly don't have wba's grasp of actuarial science.

[father jack1] 16/3/2021 12:03

Kicking myself that I shelled out on 2500 shares at 252p yesterday. Should know that the market consistently undervalues insurance companies. Shout out to wba1, great to have somebody with his deep knowledge to peer under the bonnet and give the tyres a good kicking.

[jonnybig] 16/3/2021 11:03

You know your stuff, wba. Have you got a view on hiscox which I "think" has been over smashed?

And nice recovery here