ACE Ltd. (ACE)

All Comments on ACE

  • commenter
    granger
    Sep 21 12:14 PM
    Eight Insurers Which Stand to Gain from AIG's Pain [view article]
    MKL too Reply
  • commenter
    10Q
    Detective
    Sep 18 02:40 PM
    My Website
    Eight Insurers Which Stand to Gain from AIG's Pain [view article]
    Good call on ACE, for it has managed to sidestep the financial meltdown befallen competitor AIG.

    blogs.bnet.com/secdocu...     Reply
  • commenter
    RonA
    Sep 18 06:56 AM
    Eight Insurers Which Stand to Gain from AIG's Pain [view article]
    former Met Life President Freddie Ecker is spinning in his grave! He always felt that Metropolitan had no right to invest money in the stock market. Their exposure seems to be minimal but as a retiree I am nonetheless concerned. The pundits are looking around for someone to blame for the current mess. Is this whole debacle the result of deregulation? Reply
  • commenter
    jaedi
    Sep 17 05:43 PM
    Attractively Valued International Dividend Stocks [view article]
    Watch out for Allied Irish Banks. Although AIB is relatively well managed, Irish financials in general have far more to fall before they reach a floor. Irish banks balance sheets are full of toxic assets. In Ireland they don't call it subprime but mortgages were given at ridiculous multiples of gross salaries for property that was over-valued to a much greater extent than in the US. Undeclared credit union (i.e. savings & loans institutions) are used by property buyers to pay for deposits which drives up the effective salary multiple even more. They are also over-exposed to property developers who have speculative holdings in agricultural land priced at over 7 times the average European value. Construction has collapsed across the board and the banks will be left holding worthless loans to bankrupt property developers. A silver lining is their ownership of a large Polish bank and other assets in Eastern Europe. Reply
  • commenter
    oldtrdr
    Sep 04 01:01 AM
    My Website
    Attractively Valued International Dividend Stocks [view article]
    couldashoulda,

    Yeah, that's usually the case...a high yield results (at least in large part) from a falling price. The "trick" is trying to figure out whether the falling price is due to the "baby being thrown out with the bathwater"...(sto... in a sector thats being hammered), or whether there are serious problems with company. Also, are the problems only a quarter, or two of setback, or is the business model really "broken"?

    The only way to tell is by crunching the numbers.....and DS might read 'em one way.....you or I might read them another....sorry, no "free lunch", :-)     Reply
  • commenter
    couldashould
    a
    Sep 03 06:34 PM
    Attractively Valued International Dividend Stocks [view article]
    DS
    Thanks for the fine analysis. One worry --- Some of these have a high(er) Div yield because the stock has dropped significantly over the past x months. Is there anywhere someone might have insight on this potential problem other than doing the homework you identify.
    I'm lazy. Thanks again     Reply
  • commenter
    Dividend
    Growth
    Investor
    Sep 03 03:06 PM
    My Website
    Attractively Valued International Dividend Stocks [view article]
    Arturo,

    Actually BLX didn't make the cut because of its erratic dividend history, it wasn't included in the Mergent's International Dividend Achievers list.     Reply
  • commenter
    arturo52
    Sep 03 11:46 AM
    Attractively Valued International Dividend Stocks [view article]
    Forgot to put BLX on the list Reply
  • commenter
    Loxomo
    Aug 01 08:50 AM
    My Website
    Positive on Pop - Cramer's Lightning Round (7/31/08) [view article]
    Embraer IS on fire as all of the world's airlines will be looking for short route planes highly efficient is fuel costs from 35-110 passengers and ERJ is the leader of the pacl in S AMerica. BUY the stock, ignore Cramer's tie-in w/Boeing-they don't rely on each other for movement up/down at all...ERJ will ascend greatly over the next 2 years and started to ascend over the past few months already-check the chart you'll see-LOX Reply
  • commenter
    TomArmistead
    Jul 23 08:15 PM
    My Website
    Property and Casual Insurers, and Reinsurers Are Getting Cheap [view article]
    I recently did some work on ALL, HIG, AIG, CINF and CB, from what I could see all of them traded at a P/B of 1.5 or better every year for the past ten. So, buying them at a P/B of around 1 should give you a 50% increase within 2 or 3 years.

    Not too shabby.

    Tom     Reply
  • commenter
    notsosmart
    Jul 11 02:57 PM
    My Website
    Property and Casual Insurers, and Reinsurers Are Getting Cheap [view article]
    is a casual insurer one on vacation or out of a job? Reply
  • commenter
    Richard
    Wendling
    Jul 11 05:24 AM
    My Website
    Property and Casual Insurers, and Reinsurers Are Getting Cheap [view article]
    Add to this the following two facts,first about 8000 homes are being foreclosed on daily and, two that their is major manipulation of the stocks price by internal forces who control it and you have the makings of an issue headed for single digit prices before all is said and done. For more information on the internal forces at work on this issue click on my site and read the documentation and also my reviews of this stock.

    Richard     Reply
  • commenter
    d2cold
    Jul 10 05:42 AM
    More Replacement Tickers for Reshaping David Merkel's Portfolio [view article]
    wouldn't SKM fit in the 'cheap for Korea' mold? Reply
  • commenter
    JCCIII
    Jun 08 10:27 AM
    Closed-End Funds: The Preferred Way to Play the Financials [view article]
    Also, one may consider PGF, Powershares Financial Preferred ETF, currently yielding (per Yahoo! Finance) 6.83%. Reply
  • commenter
    Xyrus
    Jun 02 10:18 PM
    Closed-End Funds: The Preferred Way to Play the Financials [view article]
    Not to second guess your investment decision, but there are some things to consider before investing in something like JQC.

    First and foremost, JQC (like a number of other closed end funds) has a managed distribution policy in place. For those who don't know, a managed distribution policy means the fund pays out a regular amount at whatever interval they specify (monthly, quarterly, etc.). The good part is that you get income you can count on every month without any fluctuation. The bad part is, if the earnings of the fund are less than what is required for the payout, they return capital. That's not necessarily a bad thing (like for retirees), but before you follow the sweet dividend yields make sure you're not just getting your money back. According to CEFA, the income only yield was 6.99% but the distribution is over 10.7%.

    Second, XLF has an expense ratio that is 0.75% less than JQC. That should be factored in as well.

    Third, XLF has outperformed JQC over the long haul, though JQC has only been around a couple of years so that may not mean much.

    Lastly, there is at least one ETF that invests in preferred securities. PGX is a fairly new ETF that invests in a bucket of preferred securities, many of them in the banks you listed off. It currently yields around 7.3%, which isn't too shabby for an unleveraged ETF. Plus it doesn't have any hidden gotchas that closed end funds can have.

    ~X~     Reply
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