Anyone looked at Highway insurance. Div yield of 8.82 and a PE of 5.22.
Share price at an all time low.
Seem cheap, am I missing something?

Thanks Angi. Have you noticed if there share price tends to rise before the ex- div?

I've noticed it too and it's on my hot list for when I have some cash.

Can anyone tell me if it's on AIM or the main market?

More generally, how do I get the moneyAM website to say this for any company? I can go to "Quote" and get prices and graphs, but nothing saying which market it's quoted on.

just press the three letters at the top lefthand corner of above////

it's on the main mkt. I also have been watching this one. if divi can be held the price should strengthen.

I HAVE AFEW OF THESE//OVER A YEAR NOW /AGOOD DIVI but price has gone NOWHERE////

Anyone still on the Highway? A good announcement today - upcoming figures to be ahead of market expectations and a confirmation of bid interest. SP up 7% so not a bad day all round.

yes / // I STILL HAVE SOME been a nice little earner now hoping for a nice buyout price////// have you queenI got any////

Yes, a handful, bought recently at 40p as a speculative punt on a bid. Here's hoping...

A new 1-year high set today. Slowly but surely heading north this one.

Does this news merit an immediate 5% sp drop?

LONDON (AFX) - Highway Insurance Holdings PLC said its chief executive officer Andrew Gibson has resigned with immediate effect to 'pursue another opportunity.'

In a statement, the company said as a consequence, executive chairman Ross Dunlop will assume a number of the CEO's responsibilities.

Sounds like good news.....

Highway Insurance Holdings PLC
19 July 2005


HOLDINGS IN COMPANY

Highway Insurance Holdings Plc ('Highway') was notified on 18 July 2005 that FMR
Corp. and Fidelity International Limited and their direct and indirect
subsidiaries have notifiable non-beneficial interests in 18,373,539 Highway
ordinary 20p shares, representing 9.04% of the issued share capital of Highway.
This is an increase of 1,908,920 shares since their last notification to Highway
on 8 June 2005.

ah yes found it!

I like the look at this. Good for income.
Aberforth has 11% stake. which is very encouraging.

Crikey, this thread has been quiet for an awfully long time. I dipped my toes into HWY today. No idea if we're at the bottom but felt now was the right time.

Perhaps this thread will come to life now :-)

The Board of Highway Insurance Group notes the recent rise in the Highway share price and announces that it is in advanced discussions with a third party that may or may not lead to an offer for the Company.

Interesting. I've had these in my SIPP for some time and was fortuitous enough to add this morning purely for the yield and the hope tomorrow's results are as good as I think they'll be. The decision now is whether to cash in on the rumour or see what happens next.

yes do we cash in yield or no yield

Another 15% this morning on the back of the offer info contained in the interim statement. Now it's about average for the price performance over the last couple of years.

Wonder if there's anything else in the wings or is that it?

Looks lovely, doesn't it? ;-)