So been having a look at this share and wondering if I am missing something because there doesn't seem to be much interest . There has been rises over the last 6 months but then stagnation between those rises
Profits have been rising from 2014
PE ratio 4.55
price to book 0.64
market cap 294 operating profit 161 TTM net profit 70
Feel like I should be buying this but there seems to be so little interest I don't know if it would move at all until the report or announcement.
If anyone would like to explain to a novice whats laying beneath the surface here. It would be greatly appreciated
Just noticed this. I bought for 33p in 2013 and sold for 74p in 2014. Then it drifted, I considered re-purchase at 65p.
Amazingly at 93p the metrics are still excellent.
From what I recall the price was depressed after the company withdrew from some Lloyds related underwriting activities. Seems to do well in the Islands. Accounts must be in USD and with USA activities must be doing well out of Sterling depreciation.
