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Federated National Holding Company Message Board

  • scottr2958 scottr2958 May 19, 2014 3:43 PM Flag

    Monday up 9% 1 hr before close

    Nice run today, up 9% to $23.27. In fact, nice run over the past 2 weeks. Despite iklein's worries about a 1 day drop of .9% on May 9. Long term holders, things are definitely looking good for us. Today I dipped my toe into the water on UVE, another FL insurer. Nice divvy yield there and a very low divvy payout. I figure that the rising water around FL insurers, figuratively, will lift all companies doing insurance business. Besides, on this board I have read some good things about UVE, despite some questions about former execs of UVE. What do the rest of you think...UVE vs. FNHC? Might they both go up for the rest of the year? -Scott

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    • pstreng May 19, 2014 4:41 PM Flag

      Moved my money from UVE to FNHC in January after a great run with UVE. FNHC is where the growth is and still has room to grow. If you want divy UVE is great, if you want growth IMO FNHC is the place to be.

      • 1 Reply to pstreng
      • Agreed. I've been in and out of UVE twice, made nice returns both times. Now I'm in again and am patient to collect the divvy while I wait for a 10-20% return at some point by the end of the year. Might even pick up more shares if it drops to the $10 range. Rather than an "either-or" on FNHC and UVE, why not a "both-and"? For me, that's the way to go.

21.37-0.23(-1.06%)Jul 28 4:00 PMEDT