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Re: wadegarret post# 163787

Thursday, 10/30/2014 4:36:53 PM

Thursday, October 30, 2014 4:36:53 PM

Post# of 173714
UVE...earnings were great....and they say they expect good things next quarter. What does that mean? Well it certainly gets you over $2.00 going forward. As I mentioned yesterday, it looks like UVE management was really starting to turn this ship around. They seem to have successfully completed the period where they trimmed their riskier Florida policies (picked up during their period of massive Citizen's takeouts), and now are back to a growth company. Not tremendous growth, but as one of the largest Florida based insurers, any growth is nice. I think they deserve a higher p/e because of that.

I sold 1/3 of my shares.....wish I hadn't.


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