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Federated National Holding Company Message Board

  • nsaseniormgt nsaseniormgt Feb 14, 2013 7:51 AM Flag

    The Allstate deal will really grow both top and bottom line!!!!!!!!!!!!!

    The Allstate deal will really grow both top and bottom line.

    Fact is that this company has the restritions lifted it's testimony the the OIR thinks their healthy and is allowing them to grow. By adding their products into a distribution system like those 700 plus Allstate agents in Florida they will be adding very profitable business as soon as those agents are all setup.

    Sentiment: Strong Buy

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    • I have to agree. This company is so undervalued. The OIR thinks there business is strong and if they go to a ratio of 5 to 1 for premiums written to reserves they would have 250 million in premiums written. They are ready to really ramp up business. Get ready for a awesome year I could see this thing at 15 by the end of the year or even higher if some other catalyst is added in.

      Sentiment: Strong Buy

18.05+0.08(+0.45%)Oct 21 4:00 PMEDT