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Federated National Holding Company Message Board

s12stocks 3 posts  |  Last Activity: Nov 1, 2014 10:45 PM Member since: Aug 19, 2010
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  • Reply to

    Valuation

    by huahua777 Oct 31, 2014 8:52 PM
    s12stocks s12stocks Nov 1, 2014 10:45 PM Flag

    FNHC does not actively pursue policies from Citizens like other companies do. It's possible that former Citizens customers are now FNHC customers just because some wanted to switch carriers or FNHC offers a lower rate. But that's not what we're talking about. The business model of other companies involve active pursuit of Citizens for revenue growth. FNHC is not doing that.

    I don't know what analysts projections you're talking about that we missed "by quite a bit". Admittedly, I don't pay much attention to that sort of thing, so if you have a link, that would be helpful.
    I have a link.
    https://uk.news.yahoo.com/federated-national-beats-3q-profit-212154588.html#xv2aZ9r
    The title of this link is:
    "Federated National beats 3Q profit forecasts"

    It goes on to say::
    The results topped Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 31 cents per share.

    By my calculation 56 cents is an earnings beat over 31 cents of 81%.
    So according to this article FNHC beat the estimates by 81%. Again, I don't put much weight into analysts, but if you have an article that says they missed by quite a bit and this article says they beat by 81%, that is a quite a discrepancy and we should all know about it.

    As for HCI, UVE, and UIHC, you should probably do some more research. I'm not a big fan - especially of HCI. Just because a stock price goes up doesn't mean you're right, and just because it goes down, doesn't mean you're wrong. I know that HCI's stock price is having an incredible run. But I think FNHC is a far better quality company.

  • Reply to

    Valuation

    by huahua777 Oct 31, 2014 8:52 PM
    s12stocks s12stocks Oct 31, 2014 10:04 PM Flag

    I don't understand. What is weak? The quarter was good, and business is still growing at the same rate, and a new income stream will be coming from Monarch which will boost business even more in the coming quarters.
    Also, FNHC doesn't take any business from Citizens.

  • s12stocks s12stocks Oct 21, 2014 8:38 PM Flag

    Yes, I'm holding. I still haven't sold any of my shares. Glad to see the new high and waiting for more to come.

FNHC
25.66+0.36(+1.42%)Dec 26 4:00 PMEST

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