Aspen Insurance Holdings Limited (NYSE:AHL)
The Company operates in the global markets for property and casualty reinsurance and for marine and aviation insurance. It provides commercial property and casualty insurance in the domestic markets of the United States and the United Kingdom.
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rediculously cheap with tons of cash!
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Excellent valuations, strong balance sheet, strong earnings growth. What's not to like?
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strong buy on etrade
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I like the chart
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I like it alot better to the hidden gem pick...more diversification, love the insurance terror angle.
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Trading below book value (which at the moment would be 27.12, and it's trading at 26.55). It's profitable, growing, below book value, low P/E compared to industry, low PEG compared to industry, and has very little debt. Fair value is around 32, i'd sell (and will end the pick) at 28.
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low price to book value
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very low peg
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Buying this dip on the share offering that is very similar to what recently happened with ORH. I think within a month or more when folks get past this offering the fundamentals for AHL will be back in focus and we'll see $30 or more.
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Looks to recover and come back to previous margins. Could be a double in 2 years.
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