Novae Group Discussion Board http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion http://www.iii.co.uk/icons/logos/uk_logo.gif http://www.iii.co.uk tag:iii.co.uk,2003:tst.9498832
I have neither answer but Amlin at todays current quote will pay you a 7% Dividend next month
if you are on the share register by 10/4......this would appear to be todays best value in the sector in my humble opinion.

Wish you well. By Myunderstanding ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9498832&action=detail Mon, 02 Apr 2012 11:52:00 GMT Myunderstanding tag:iii.co.uk,2003:tst.9486619
Do you know if there are any 'disposals/mergers'' in the pipeline? By jenks2001 ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9486619&action=detail Wed, 28 Mar 2012 22:48:00 GMT jenks2001 tag:iii.co.uk,2003:tst.9484780
Our mission is simply to forecast the likely candidates as with the timing of the offers together with any premium due.

By Myunderstanding ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9484780&action=detail Wed, 28 Mar 2012 12:56:00 GMT Myunderstanding tag:iii.co.uk,2003:tst.9482705
Yes the shareprice has done well since my last post. I'm glad that I have held onto the shares and while I am about 10% up at these levels, I do agree that these should be quite a bit higher.

Out of interest what US interest are you aware of? By jenks2001 ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9482705&action=detail Tue, 27 Mar 2012 22:45:00 GMT jenks2001 tag:iii.co.uk,2003:tst.9480030
Are you receiving me ?

I see in the last few days we have seen some movement which no doubt pleases you and goes a little way to justify my optimism. By Myunderstanding ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9480030&action=detail Tue, 27 Mar 2012 10:28:00 GMT Myunderstanding tag:iii.co.uk,2003:tst.9450955
" No answer........ money best elsewhere "

As you have appeared to have made a long journey with this holding it would be unfortunate if you disposed of the shares prior to greater excitement !

I am not aware of your average purchase price but it would appear not to be selling time with the premium increases in train and the sector appearing to be fashionable once more.

Stand -by for some further US interest and you will regret any sale at present !

By Myunderstanding ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9450955&action=detail Mon, 19 Mar 2012 16:29:00 GMT Myunderstanding tag:iii.co.uk,2003:tst.9435346
Any thoughts? By jenks2001 ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9435346&action=detail Thu, 15 Mar 2012 12:38:00 GMT jenks2001 tag:iii.co.uk,2003:tst.9220308 http://bit.ly/xRvJmb
By ROGER BAIRD
9:52 PM on 27th January 2012 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9220308&action=detail Sat, 28 Jan 2012 08:13:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.9203226 The top seven stocks for 2012
Farah Khalique
24 Jan 2012
http://bit.ly/yeeoh3 By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=9203226&action=detail Tue, 24 Jan 2012 13:29:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8629237 Created: 8 August 2011 Written by: John Adams
http://www.investorschronicle.co.uk/Tips/Buy/TipsOfTheWeek/article/20110808/fdd46d4c-bea5-11e0-b934-00144f2af8e8/Novae-hit-by-losses.jsp

Lloyd's insurer Novae's first-half performance was hit hard by catastrophe losses - arising from the earthquakes in Japan and New Zealand, US tornadoes and Australian floods.
First-quarter losses from these events reached $67.7m (£41m), which explains the loss-making first-half combined ratio (of claims to premiums) of 111 per cent. Still, such sectoral losses are boosting premium rates, at least for catastrophe-related business, and Novae points to growing evidence of rising rates in many property insurance and reinsurance lines. Moreover, the investment book remains focused on cash and safe-looking bonds - although that did mean a first-half investment return of just 1 per cent.
What we said: Buy
When: 15/10/10
Price then: 387p
Price now: 320p
Share price movement: -17 per cent
SHARE TIP UPDATE:
Buy
Catastrophe losses are hardly ideal, but in the longer term Novae should benefit from the boost to premium rates that such losses generate. So, with the shares having slipped to 320p - and trading well below Peel Hunt's 427p estimate for full-year net tangible assets - investors should keep their nerve. Buy. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=8629237&action=detail Mon, 08 Aug 2011 13:56:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8486689
A few similar approaches will lead to a fine body of work as regards the inside track of a slice of the competition ! By Myunderstanding ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=8486689&action=detail Mon, 04 Jul 2011 12:14:00 GMT Myunderstanding tag:iii.co.uk,2003:tst.8330562 ')" target="_new" rel="nofollow">http://www.independent.co.uk/news/business/news/novae-eyes-possible-merger-with-omega-2291493.html


By Nikhil Kumar
Wednesday, 1 June 2011

There were renewed signs of consolidation activity in the Lloyd's of London insurance market yesterday after Novae said it was studying the possibility of a merger with rival group Omega.

A combination could lead to the creation of a new firm boasting a market value of upwards of £400m. Novae said the move was in line with its strategy of routinely reviewing potential transaction, adding that it was "currently undertaking due diligence in evaluating the merits of proposing a possible merger with Omega".

Although there is no certainty that an offer will be forthcoming, the possibility of a Novae-Omega combination comes against the backdrop of growing deal activity in the Lloyd's market as insurers seek ways to adjust to falls in global insurance prices.

The sector has also been hit by the recent string of catastrophes, including the recent devastating earthquake and tsunami in Japan.

Back in April, rival group Chaucer announced plans to sell itself to the US firm Hanover Insurance, while Brit Insurance was sold to private equity groups Apollo and CVC Capital Partners in September last year.

Another Lloyd's of London firm, Beazley, is currently on the prowl for possible targets after failing in its bid to buy rival group Hardy last year.

Novae is the latest company to eye Omega, which reported a wider-than-expected full-year loss in March. The company received an unsolicited approach from privately owned peer Canopius at the beginning of the year, and further approaches from unnamed suitors in March.

Nick Johnson, an analyst at Numis, said a merger with Novae would yield benefits. "Novae's got a strong operating platform, which could support Omega, and Omega's Bermuda business could provide a natural growth channel for Novae's business, which is more Europe-based," he explained. By SpikeyDT ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=8330562&action=detail Wed, 01 Jun 2011 07:13:00 GMT SpikeyDT tag:iii.co.uk,2003:tst.8209394 http://www.growthcompany.co.uk/news/1622118/novae-chalks-up-growth.thtml By petrit ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=8209394&action=detail Thu, 05 May 2011 11:55:00 GMT petrit tag:iii.co.uk,2003:tst.7950734
The problem with investing in this sector is the natural tendency to consider how such disasters will impact you financially at a time when others are suffering the loss of loved ones.

I was naturally relieved though to learn my two big investments in this sector (NVA and BEZ) have limited exposure to Japan. By 10Bagger01 ]]> http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=7950734&action=detail Fri, 11 Mar 2011 12:26:00 GMT 10Bagger01 tag:iii.co.uk,2003:tst.7904297 http://www.iii.co.uk/investment/detail?code=cotn:NVA.L&display=discussion&id=7904297&action=detail Thu, 03 Mar 2011 16:32:00 GMT jebutackil