yes, they were much better than expected.
This seems to be a well run company. I can't understand why market doesn't value it higher.
I noticed that Goldman has a large stake and there are already a good number of institutions holding. Perhaps its been lagging in the past several months because it had done relatively well prior to that. At this point though, it would seem that it should start to appreciate.
Also noticed that Chubb filed a report today saying that they reduced their holdings below 5% while another institution was reporting new holdings above 5%.
Look forward to the conference call.