International General Insurance Holdings Ltd (IGIC)

[deet49]

since initiating the Dividend they have almost doubled it in 6 months can they now up it again and split it into quarterly's ....?

IGIC

[deet49]

https://sec.report/fails.php?tc=igic
how do insurance rates go when the underlying assets continue to appreciate in value??? #Inflation got to have insurance right?
don't forget the dividend growth

Go FRAZ PCHM TRCK G&S IGIC

[bigbux1]

All up from here!

[bigbux1]

7ish, bottom

[bigbux1]

I'm calling bottom here...

[Roadtojourney]

Someone is selling even at this level??

[masterofdisaster]

Not this kind of volume. Something is happening behind the scenes

[Roadtojourney]

Yaa and seems like the volume for this comes in once in a blue moon imo

[Hassen07]

With volume this can jump to 15+ easily. Like the r/r ratio at these levels

[Explorergypsy1]

REDDIT / WAKKSTREETBETS https://www.reddit.com/r/Wallstreetbetsnew/comments/m7njik/igic_is_a_deep_fucking_value_play_ape_eat_tendies/



$IGIC (commons) & $IGICW (warrants)
Growing at 31% YoY

Extremely Moaty Specialty Insurance Business

Family-owned company (~29% of outstanding shares)

No debt

Not affected negatively by Covid (so not dependent upon reopening)

Specialized insurance (high profit margins)

Insurance rates are the highest they've ever been (we're seeing 20-30% gains in premiums)

Profitable

20 Year old business

Founder still very active in the company (he's 87)

Pays a dividend

$380m in cash (their M.C. is $345m CRAZY)

Repurchasing shares

Has warrants (they're a 1-1 with an $11.50 Strike)

[Liquid1974]

Agreed. Due in the coming sessions..

[Pt3]

ots lol

[CyrusDaVirus]

Ots?

[Roadtojourney]

Ots almost time now imo?

[CyrusDaVirus]

Buy here . Whoever is selling here is impatiently cutting losses ...

[CyrusDaVirus]

You gotta wait for the dust to settle my friend. Never buy pre market

[Pt3]

i just hold for longs still in on ftft and ebon

[CyrusDaVirus]

Boy look at the volume when it ran to 95 - just 1500 shares. Clear manipulation from the shorts. But Average down if you can.

[Pt3]

saw this pop to 95 but got in 20

[CyrusDaVirus]

You bought at $20?

[Pt3]

got no choice but hold till who know when lol

[CyrusDaVirus]

I am adding here stop is 7.9

[Pt3]

trap at 20 lol

[CyrusDaVirus]

Want to see at least $20 here soon

[PStockPickz]

Low volume selling pressure and reversal will cause a squeeze imo

[Explorergypsy1]

buying a big block under $9 . then going to take a nap. the reverse trend will wake me up. BUUUllliish from now

[Roadtojourney]

Ofcourse imo

[Roadtojourney]

Man what a scam pos

[PStockPickz]

Might be short covering here or company dumping

[Actualfactual]

Grabbed a couple low $10. Since it’s previous close was low $8 I don’t see an incredible risk at these prices. Should pop a little at least, from here

[makinezmoney]

$IGIC: Investor Presentation....... $1.2Billion in ASSETS

https://www.iginsure.com/media/2070/igi-fourth-quarter-2020-investor-presentation-v-corrected.pdf












GO $IGIC

[makinezmoney]

$IGIC: PreOpen market price at $90.......... now $10.50


Definitely on WATCH today.

https://www.iginsure.com/



GO $IGIC

[PStockPickz]

You mean dropping like a scam?

[TeddyCaswell]

Movin