sharetrader
Page 102 of 152 FirstFirst ... 252929899100101102103104105106112 ... LastLast
Results 1,011 to 1,020 of 1520
  1. #1011
    Member
    Join Date
    Oct 2016
    Location
    Auckland
    Posts
    190

    Default

    Don't think Tower does travel insurance

  2. #1012
    Member
    Join Date
    Aug 2010
    Location
    Deep in the Abyss
    Posts
    57

    Default

    Any loss from Pandemics are normally excluded from travel insurance

    General Exclusions – applying to all sectionsThis policy does not cover any loss, damage, liability,death or incapacity directly or indirectly caused by orarising from:1. war, invasion, act of foreign enemy, war likeoperations (whether war is declared or not), civil war,mutiny, rebellion, revolution, insurrection, military orusurped power. (In respect of civil unrest only, thisexclusion does not apply to Section 1i. Evacuation –Civil Unrest Pacific Islands);2. Act of Terrorism – unless cover is otherwise providedunder individual sections of this policy. If we allegethat by reason of this clause, any loss or damage,cost or expense is not covered by this insurancethe burden of proving the contrary will be upon theinsured;3. nuclear weapons material;4. an actual or likely epidemic or pandemic, or thethreat of an epidemic or pandemic

  3. #1013
    Member
    Join Date
    Jan 2020
    Posts
    42

    Default

    Quote Originally Posted by Dassets View Post
    Don't think Tower does travel insurance
    Yeah, they do. Not a significant part of their book thou'.

    They have exposure to Southland but... all manageable.

    Honestly... maybe consider mere minutes of simple research, rather than typing fear mongering posts.

  4. #1014
    Senior Member
    Join Date
    Dec 2019
    Posts
    680

    Default

    Quote Originally Posted by Rowdy Flat View Post
    Yeah, they do. Not a significant part of their book thou'.

    They have exposure to Southland but... all manageable.

    Honestly... maybe consider mere minutes of simple research, rather than typing fear mongering posts.
    Honestly I think this company is going to perform extremely well this year .

    Balance sheet has demonstrated three years of steady growth. Significant turnaround year in fy19 with the IT transition and claim costs being tidied after the earthquake and the cyclones

    Yeah risky stock in the sense that a major disaster can shake it but I see a dividend being reintroduced soon given last years performance and a strong cash position OR takeover offer

  5. #1015
    Advanced Member
    Join Date
    Jun 2007
    Location
    Auckland, , New Zealand.
    Posts
    2,179

    Default

    Yes divi reintroduced could be the catalyst for a rerate let’s hope the update next week reaffirms or increases guidance for FY20 ....

  6. #1016
    Speedy Az winner69's Avatar
    Join Date
    Jun 2001
    Location
    , , .
    Posts
    30,457

    Default

    All going to plan

    Interesting first time they’ve mentioned investment income lower than than forecast ....becoming a problem for most insurors as investment returns diminish

    http://nzx-prod-s7fsd7f98s.s3-websit...388/316701.pdf
    . To say extreme valuations are “justified” is also to say that long-term market losses are “justified.” .

  7. #1017
    Guru
    Join Date
    May 2015
    Posts
    2,527

    Default

    suncorp NZ 5.4% GWP growth and IAG NZ 4.2% GWP growth... tower tracking to be more than double either of those at 11%... tower growing pretty fast but you wouldn't think so... the share price has been essentially flat for 3 and a half years...

  8. #1018
    Senior Member
    Join Date
    Dec 2019
    Posts
    680

    Default

    Guidance reaffirmed ! Awesome

  9. #1019
    Legend Balance's Avatar
    Join Date
    Feb 2003
    Posts
    15,176

    Default

    Quote Originally Posted by trader_jackson View Post
    suncorp NZ 5.4% GWP growth and IAG NZ 4.2% GWP growth... tower tracking to be more than double either of those at 11%... tower growing pretty fast but you wouldn't think so... the share price has been essentially flat for 3 and a half years...
    Yes, sp has attempted uptrends twice over that period - to be flattened by capital raisings (2017 and 2019).

    Company needs to demonstrate it does not need to raise any more capital and the best way to do that is to reinstate dividends.

    If dividends are reinstated, expect the sp will put on at least 20% from here.

    Let's see if AGM today mentions anything regarding dividends.

  10. #1020
    Senior Member
    Join Date
    Dec 2019
    Posts
    680

    Default

    The lower end of the guidance is a 63% increase in net income compared to FY19... will continue to hold this one till the full year report..

Tags for this Thread

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •