Latest Forum Topics / SingReinsurance | Post Reply |
does anyone have an opinion on this stock?
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alexchia01
Elite |
05-Nov-2010 15:57
Yells: "Catch The Stars And Ride With Them" |
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This is a slow and steady counter. I don't think QE2 would have much effect over SpRe. Fundamentally, pretty Good. Also gives regular Dividends. Great for people who just want to park their money and forget them.
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Bluevaio
Senior |
05-Nov-2010 14:07
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Very slow counter....I bought very long ago (not sure when, but at least more than 5years ago), now still almost same price...u can buy if only looking for devidend yields instead of capital appreciation. * Only my personal opinion. U make ur own decision. |
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ahsing
Member |
05-Nov-2010 10:02
Yells: "I am who I am !!!" |
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Hi all With the release of QE2 ,what's your take in SPre? Still a very low volume stock, but with a 4.8% dividend yield thou. :) |
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alvinlimyc
Member |
20-Oct-2009 00:34
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Heard that fairfax has interest to up the ante and wanted more shares in the holdings. | ||
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ken888
Member |
05-Jul-2007 18:51
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Price movement very slow, good dividend yield. Provided there is no big happening which will whack its earning. | ||
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klooloola
Member |
05-Jul-2007 18:45
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fairfax takes stake in sing re http://info.sgx.com/webcorannc.nsf/560dd4b031b97d27482571b20043d38c/9159781c2c303613482572f4000ffd0d?OpenDocument I have avoided sing re as I felt they were too conservative in investing their spare cash. Maybe fairfax will change things who knows maybe even acquire them, worth keeping an eye on. |
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shplayer
Elite |
26-May-2007 09:28
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Final divident already xd and I think paid........so it cannot be the reason for price increase on friday. FYI divvy was 0.8ct less 18% tax and 0.3ct TE. Company also paid interim divvy f 1.0ct in FY2006. |
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novoce
Member |
25-May-2007 22:54
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sorry i meant 0.01 cent dividend. | ||
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novoce
Member |
25-May-2007 22:53
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today is a great day for spre, up 1.5 cents. only few days ago 0.1 cent dividend. any good news i'm not aware? |
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aloha@
Member |
22-Mar-2007 00:08
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I believe they are discipline as they are able to sustain with very good eps and dividends. | ||
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klooloola
Member |
21-Mar-2007 14:29
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Reinsurance is all about discipline, Companies like this can make good profits for years and then be wiped out by a Super catastrophic insurance disaster like say a tsunami. I dont follow Sing Re so i have no idea how the companys insurance discipline is. I you know nothing about the reinsurance business then stay out of this stock, the only reinsurer I own is warren buffetts company Berkshire Hathaway - they survived 9/11 and assorted hurricanes. |
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aloha@
Member |
21-Mar-2007 00:30
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Thanks. I think it is good to accumulate for dividend. |
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aloha@
Member |
20-Mar-2007 23:31
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This company NAV is 33.14 cts, EPS is 3.79 cts, and giving a dividend of 1.1 cts. Yet trading at 30-31cts. Is it worth accumlating? |
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chipchip66
Master |
19-Sep-2006 21:10
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This counter is very un-exciting. Very low vol as well. Howver, this counter very stable . The only plus point is good dividends. |
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klooloola
Member |
19-Sep-2006 13:12
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I was attreacted to sing re as i was looking for the quivalent of berkshore hathaway. Buffet used the money spun of by his reinsurance cand insurance companies to buy other stocks. A insurance co like sing re has a large flaot - money paid by premium payer or insurance caompanies that it needs to invest anyway . SpRe should be investing this cash in other stocks. From the annual report i see that it is not as agressive as say warren buffet, it has only around 25% in stocks or so. So maybe it is too conservative to be like berkshire hathaway but it may be a good buy if the divdend rises more. I was unable to make sense of its reinsurance business , what is all the news about the "voluntary cessation" ? |
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singaporegal
Supreme |
18-Sep-2006 17:32
Yells: "Female TA nut" |
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wow.... really very sleepy counter. be prepared to keep for long term if you go in. | ||
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shplayer
Elite |
18-Sep-2006 15:29
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Sleepy counter but good div yield. | ||
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klooloola
Member |
18-Sep-2006 14:53
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