Value Microcaps Motherboard

[nelson1234]

FNHC makes $1.04, unbelievable growth continues.

They had a cc a few days ago regarding their new initiative to start a second company.....in that one they stated that they only accept 12% of the policies offered by their agents...that is pretty incredible. The second company will allow them to accept more...since it will be specifically for slightly higher risk properties, which will be accompanied by higher rates.

This is the best of breed of Florida carriers, by far...they say they are gaining market share and taking policies from their competitors (not through Citizens) because of decent pricing and a very strong respected Florida brand.

Plus, they are a pure play Florida carrier, therefore, imo, easier to understand and know when to buy and sell.

They are doing a secondary, about 14% dilution at current prices, to fund further growth and their Monarch initiatives.